MSFT short term projection

10 ก.พ. 2020

MSFT - i have been reluctant to publish a target projection on MSFT, since it broke out of all historic trends and went into an extended move towards the sky.
- then i looked back / zoomed out to the weekly time frame - and voila! there seems to be some clues that this move will reach objective at the $191 to $195 range - and i strongly feel this will happen faster than what the best historic growth projection shows (the golden arrow) - so i think within this week or next.
= Then my most possible scenario from there, is to start a distribution phase - where some big traders cash out and lock some profit, then drive the stock down into a reasonable buy zone to start the whole process again.
- we can see some selling into strength by big money already begun (big volume and narrow price spread) - and they're leveraging the very positive sentiment (which has been recently declining) and strong wind behind the excitement.

feel free to share thoughts or "follow" this idea to track what the price does against the projection. it's an interesting exercise!

pls remember, no one can predict the future - no matter what indicators are used. these projections are just math and statistical probabilities - pls do your own due diligence as you design your trades.

13 ก.พ. 2020

บันทึกช่วยจำ

NASDAQ:MSFT, the price projection target was initially hit (in pre-market though) .. couple of days ago.
however, i still expect another rally attempt to hit that range $191 - $195 within the next few days - leading up to the Dividend Record date which is next week - i expect some traders will hold until after that date, secure the dividend pay, then some cashing out to happen causing a double top followed by a consolidation/distribution phase. once a new price range is formed, we can have the next projection

Let's keep watching