Trading Microsoft MSFT With Integrated Risk Controls

January 24, 2023, 20:06 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The Microsoft (NASDAQ: MSFT) report below can help you, but we have more details too. The trading plans for MSFT, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for MSFT

• Buy MSFT slightly over 236.14 target 256.46 stop loss @ 235.46 Details

The technical summary data tells us to buy MSFT near 236.14 with an upside target of 256.46. This data also tells us to set a stop loss @ 235.46 to protect against excessive loss in case the stock begins to move against the trade. 236.14 is the first level of support below 242.04 , and by rule, any test of support is a buy signal. In this case, support 236.14 is being tested, a buy signal would exist.

• Short MSFT slightly under 256.46, target 236.14, stop loss @ 257.2 Details

The technical summary data is suggesting a short of MSFT as it gets near 256.46 with a downside target of 236.14. We should have a stop loss in place at 257.2though. 256.46 is the first level of resistance above 242.04, and by rule, any test of resistance is a short signal. In this case, if resistance 256.46 is being tested, a short signal would exist.

Swing Trading Plans for MSFT

• Buy MSFT slightly over 246.63, target 256.46, Stop Loss @ 245.92 Details

If 246.63 begins to break higher, the technical summary data tells us to buy MSFT just slightly over 246.63, with an upside target of 256.46. The data also tells us to set a stop loss @ 245.92 in case the stock turns against the trade. 246.63 is the first level of resistance above 242.04, and by rule, any break above resistance is a buy signal. In this case, 246.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MSFT slightly near 246.63, target 236.55, Stop Loss @ 247.34. Details

The technical summary data is suggesting a short of MSFT if it tests 246.63 with a downside target of 236.55. We should have a stop loss in place at 247.34 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 246.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for MSFT

• Buy MSFT slightly over 243.80, target 246.63, Stop Loss @ 243.23 Details

If 243.80 begins to break higher, the technical summary data tells us to buy MSFT just slightly over 243.80, with an upside target of 246.63. The data also tells us to set a stop loss @ 243.23 in case the stock turns against the trade. 243.80 is the first level of resistance above 242.04, and by rule, any break above resistance is a buy signal. In this case, 243.80, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short MSFT slightly near 243.80, target 236.71, Stop Loss @ 244.37. Details

The technical summary data is suggesting a short of MSFT if it tests 243.80 with a downside target of 236.71. We should have a stop loss in place at 244.37 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 243.80, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

MSFT Ratings for January 24:

Term →	Near	Mid	Long
Rating	Weak	Strong	Weak
P1	0	0	213.78
P2	236.71	236.55	236.14
P3	243.80	246.63	256.46

Support and Resistance Plot Chart for MSFT

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