** long term forecast, the years ahead **
On the above 2 month chart price action has rallied 700% in the last 9 years. A number or reasons now exist for a bearish outlook. They include:
1) Price action and RSI support breakouts.
2) Legacy support confirms resistance.
3) A rising wedge formation confirms breakout, with 50% correction forecast to $220. (see below)
4) Regular bearish divergence as measured across a 10 month period. It is in fact the highest number of oscillators to negatively with price action.
5) Confirmed monthly Gravestone DOJI candle. (see below)
6) A 70% correction would still leave Microsoft with a market capital of $915b !!
Is it possible price action continues to print higher highs? Sure.
Is it probable? No.
Ww
Rising wedge breakout

Monthly Gravestone DOJI

On the above 2 month chart price action has rallied 700% in the last 9 years. A number or reasons now exist for a bearish outlook. They include:
1) Price action and RSI support breakouts.
2) Legacy support confirms resistance.
3) A rising wedge formation confirms breakout, with 50% correction forecast to $220. (see below)
4) Regular bearish divergence as measured across a 10 month period. It is in fact the highest number of oscillators to negatively with price action.
5) Confirmed monthly Gravestone DOJI candle. (see below)
6) A 70% correction would still leave Microsoft with a market capital of $915b !!
Is it possible price action continues to print higher highs? Sure.
Is it probable? No.
Ww
Rising wedge breakout
Monthly Gravestone DOJI
註釋
Price action is very oversold on the daily... 註釋
The bear market for Microsoft has begun. Today is not the moment to open Long Put options, will save that information for somewhere else.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。