MSFT Price & Market Analysis for September and October 2023
I have conducted an analysis of Microsoft's (MSFT) market structure and price action, preceded by a fundamental analysis that yielded the following findings:
- Microsoft reached its all-time high (ATH) on July 18, 2023.
- Microsoft is a dominant force in delivering cloud-based solutions to organizations of varying sizes.
- Microsoft is undergoing its third major technological shift. The first was the transition from PCs to the Internet, followed by the move from the Internet to Cloud. The latest shift is towards human-machine interactions powered by machine learning models, AI (LLM), and data analytics.
- Microsoft is not only offering AI solutions but also AI-based infrastructure.
- The company leads in innovating "ready-to-use" AI solution frameworks, enabling organizations to fully leverage AI capabilities, even when integrating third-party solutions.
- Lastly, Microsoft is deeply committed to user privacy and adheres to local, regional, and continental regulations.
Market structure (time frame 1d - pivots set to quarterly time frame)
The snapshot above reveals two potential macro indicators:
MSFT has initiated a downtrend that could reach the yellow box price range of $288 to $299 before potentially rebounding.
The uptrend was breached, reaching into the parallel channel depicted by the blue rectangle.
As a prospective scenario, my hand-drawn retracement suggests the yellow box price range could serve as a consolidation or liquidity entry point for smart money:
The lower higher LH occurred the the 14th of September 2023 matches with the change of the trend exhibited by the AMA indicator:
Lastly, a potential very bearish scenarios could occur as it follows:
To summarize, MSFT could encounter three possible scenarios:
- A bullish pullback around the $305 to $314 price range.
- A bullish pullback in the $288 to $300 price range.
- A continuation of the downtrend below the $272 and below price mark.
Disclaimers:
- I am not a financial advisor nor this analysis should be used by 3rd party and TradingView users as a strategy or anything else
- This is my attempt to learn technical analysis by looking at different aspect of the markets. Therefore, I'm happy to receive either bad or good feedback with the sole purpose to learn .
- Microsoft reached its all-time high (ATH) on July 18, 2023.
- Microsoft is a dominant force in delivering cloud-based solutions to organizations of varying sizes.
- Microsoft is undergoing its third major technological shift. The first was the transition from PCs to the Internet, followed by the move from the Internet to Cloud. The latest shift is towards human-machine interactions powered by machine learning models, AI (LLM), and data analytics.
- Microsoft is not only offering AI solutions but also AI-based infrastructure.
- The company leads in innovating "ready-to-use" AI solution frameworks, enabling organizations to fully leverage AI capabilities, even when integrating third-party solutions.
- Lastly, Microsoft is deeply committed to user privacy and adheres to local, regional, and continental regulations.
Market structure (time frame 1d - pivots set to quarterly time frame)
The snapshot above reveals two potential macro indicators:
MSFT has initiated a downtrend that could reach the yellow box price range of $288 to $299 before potentially rebounding.
The uptrend was breached, reaching into the parallel channel depicted by the blue rectangle.
As a prospective scenario, my hand-drawn retracement suggests the yellow box price range could serve as a consolidation or liquidity entry point for smart money:
The lower higher LH occurred the the 14th of September 2023 matches with the change of the trend exhibited by the AMA indicator:
Lastly, a potential very bearish scenarios could occur as it follows:
To summarize, MSFT could encounter three possible scenarios:
- A bullish pullback around the $305 to $314 price range.
- A bullish pullback in the $288 to $300 price range.
- A continuation of the downtrend below the $272 and below price mark.
Disclaimers:
- I am not a financial advisor nor this analysis should be used by 3rd party and TradingView users as a strategy or anything else
- This is my attempt to learn technical analysis by looking at different aspect of the markets. Therefore, I'm happy to receive either bad or good feedback with the sole purpose to learn .
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