OK, let me give you my 5 cents.
In this weekly chart analysis, the white up-sloping Pitchfork initially projected a sustained bullish journey for Microsoft. Early price action saw the stock blow through the Center Line (CL) before finding temporary resistance and turning at the upper 1/4 Line.
From that peak, the Centerline of the white fork became the primary downside target. Upon closer inspection, price action stalled briefly at this level before decisively breaking through to the downside. While bulls attempted to reclaim the CL, the sheer market pressure proved too great, there simply wasn't enough "Gas In The Goose" to maintain the upward trajectory.
Once price slipped below the white Centerline, it signaled the necessity of drawing a red Pullback Pitchfork to project targets for a potential short trade. Technical probability suggests an 80% chance of price reaching the Centerline of a new fork, a target we have now successfully hit.
The intensity of the sell-off was notable; the "bear crowd" took total control, driving MSFT lower than the Lower Median Line Parallel (L-MLH). This decline was exacerbated by the broader market immediate sell-off in the S&P 500 and Nasdaq, leaving Microsoft vulnerable to systemic macro pressure.
Current Outlook & Price Targets
Immediate Resistance: If we close the week below the lower white MLH, I expect a short-term relief rally or "pull-back" to retest that line from below.
Downside Support: A failure to reclaim that level points toward the second white-dashed Warning Line of the original Pitchfork.
The "Dip-Buy" Caution: Traders should note that the Warning Line is not a guaranteed floor. There is a secondary, lower target at the red Lower Median Line Parallel (L-MLH).
Currently, the technical structure suggests significant downside potential remains. I will continue to monitor these levels closely. Members will receive updates as soon as a high-probability trade opportunity emerges.
If you like this post, then follow and boost my analysis - thanks very much.
Wishing you a happy day
Emilio
- Control risk with proper position sizing, not hope or guesswork.
- If you want the fundamentals too, just check out my links
In this weekly chart analysis, the white up-sloping Pitchfork initially projected a sustained bullish journey for Microsoft. Early price action saw the stock blow through the Center Line (CL) before finding temporary resistance and turning at the upper 1/4 Line.
From that peak, the Centerline of the white fork became the primary downside target. Upon closer inspection, price action stalled briefly at this level before decisively breaking through to the downside. While bulls attempted to reclaim the CL, the sheer market pressure proved too great, there simply wasn't enough "Gas In The Goose" to maintain the upward trajectory.
Once price slipped below the white Centerline, it signaled the necessity of drawing a red Pullback Pitchfork to project targets for a potential short trade. Technical probability suggests an 80% chance of price reaching the Centerline of a new fork, a target we have now successfully hit.
The intensity of the sell-off was notable; the "bear crowd" took total control, driving MSFT lower than the Lower Median Line Parallel (L-MLH). This decline was exacerbated by the broader market immediate sell-off in the S&P 500 and Nasdaq, leaving Microsoft vulnerable to systemic macro pressure.
Current Outlook & Price Targets
Immediate Resistance: If we close the week below the lower white MLH, I expect a short-term relief rally or "pull-back" to retest that line from below.
Downside Support: A failure to reclaim that level points toward the second white-dashed Warning Line of the original Pitchfork.
The "Dip-Buy" Caution: Traders should note that the Warning Line is not a guaranteed floor. There is a secondary, lower target at the red Lower Median Line Parallel (L-MLH).
Currently, the technical structure suggests significant downside potential remains. I will continue to monitor these levels closely. Members will receive updates as soon as a high-probability trade opportunity emerges.
If you like this post, then follow and boost my analysis - thanks very much.
Wishing you a happy day
Emilio
- Control risk with proper position sizing, not hope or guesswork.
- If you want the fundamentals too, just check out my links
注释
My BCS is printing $'s.
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
🔱 Follow The Fork 🔱
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
👉 Avoid subjectivity.
👉 Find multiple R Trades.
👉 Trade the Medianles aka Pitchfork Edge
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。