IS THIS MAG7 DARLING ABOUT TO CRASH?!

3 de nov.

MSFT

🔥 IS MSFT ABOUT TO FALL OVER 21%?! 🔥

Let's not panic yet, but Microsoft's weekly charts are flashing some intriguing signals. Here’s the lowdown:

As long as MSFT stays within its symmetrical pattern, we’re in the clear. But if it breaks downward, we’re looking at a potential 6% drop from the Volume profile shelf and possibly a dangerous 22% plunge, breaking the 2024 Head & Shoulders pattern. Enter the "Low Five Setup"—the bearish counterpart to my "High Five Setup."

Key factors to watch:

- Williams %R: Lower High

- MACD: Dangerously close to crossing below the zero line (BEARISH)

- RSI: Below RSI MA with lower highs, at 46—lots of room before oversold

- Trend: Lower high, red through yellow downward move indicating a downtrend on the weekly chart

Microsoft has been Wall Street’s golden goose, untouched by the FUD that hit the MAG7 stocks. Apple had China FUD, Tesla faced the ELON BAD FUD, Google with AI SEARCH FUD, Amazon with spending and margins FUD, Meta with metaverse spending FUD, and Nvidia with growth concerns FUD.

But as Willy Wonka taught us, every golden goose lays a bad egg sometimes. This is a weekly chart setup, so it will take time to play out. No one's immune to Wall Street’s FUD wrath, not even Microsoft. We shall see what happens...

P.S. I’m not in this name yet—just putting it on your radar. We’re early to the party, just like I always am with my setups. If you’re still here, you value solid, well-thought-out market analysis. Props to you!

Have a great Sunday, friends! 👊

Not Financial Advice #HighFiveSetup #LowFiveSetup