š Evening Update Ā· Sep 18
MSFT dips on lower volume at 493.853āat this level, can you buy and hold tonight?
Yesterday rose only 0.84%, with a 1.9% range and $27 million in trading value. On Microsoft, thatās basically like nobodyās playing itāit's cold in the software SaaS sector. But precisely because this is a lower-volume pullback, itās worth watching. 493.853 isnāt picked at random: itās sitting right on the pullback confirmation level after yesterdayās surge. Down about 0.72% would be the current priceāmeaning the order is already waiting for it to come to you. Hereās what to watch at this point: (1) whether it can close and hold without breaking 489.388. If it breaks, it means yesterdayās rebound was just a pulse and the long structure is invalidated. (2) after it holds, whether thereās enough volume to push it to test 500.398āthatās the take-profit zone near the prior high. My view is very direct: Iām leaning toward buying here. 489.388 is the line in the sand. If it breaks, I wonāt hold. If it holds, Iāll aim to reach 500.398āno messing around in between.
The Nasdaq is up 1.69% and the S&P is up 1.14%ārisk appetite has clearly come back. Meanwhile, BTC is up 2.32% to $78,188, with volatility even outperforming the stock indexāthis transmission is working. VIX has fallen to 15.4, and the 10-year U.S. Treasury yield is down 5.9 basis points to 4.947%āboth ends are loosening the reins for non-yielding BTC. As long as U.S. stocks donāt flip the script tonight, above $78,000 can be held along the way.
Tonight, the other 7 setupsāI'll list them all here:
TSM Short at 429.829 / Take profit 423.303 / Stop loss 434.282 20x
AXTI Short at 67.460 / Take profit 63.488 / Stop loss 70.169 12x
PLTR Long at 173.282 / Take profit 177.373 / Stop loss 170.491 20x
IREN Short at 43.745 / Take profit 41.310 / Stop loss 45.405 12x
HOOD Long at 106.821 / Take profit 112.565 / Stop loss 102.902 12x
MU Short at 993.490 / Take profit 965.079 / Stop loss 1012.870 18x
GOOGL Long at 336.682 / Take profit 340.822 / Stop loss 333.859 20x
All are limit ordersāif the price never reaches that level, it doesnāt count.
$BTC $TSM $MSFT #BTC #TokenizedStocks
MSFT at this levelāwould you place an order, or wait until it breaks first?
Iāve been trading U.S. stocks for 3 years, because I came to this after I could trade U.S. stocks on Binance. Two updates each morning and eveningāfeel free to check in.
MSFT dips on lower volume at 493.853āat this level, can you buy and hold tonight?
Yesterday rose only 0.84%, with a 1.9% range and $27 million in trading value. On Microsoft, thatās basically like nobodyās playing itāit's cold in the software SaaS sector. But precisely because this is a lower-volume pullback, itās worth watching. 493.853 isnāt picked at random: itās sitting right on the pullback confirmation level after yesterdayās surge. Down about 0.72% would be the current priceāmeaning the order is already waiting for it to come to you. Hereās what to watch at this point: (1) whether it can close and hold without breaking 489.388. If it breaks, it means yesterdayās rebound was just a pulse and the long structure is invalidated. (2) after it holds, whether thereās enough volume to push it to test 500.398āthatās the take-profit zone near the prior high. My view is very direct: Iām leaning toward buying here. 489.388 is the line in the sand. If it breaks, I wonāt hold. If it holds, Iāll aim to reach 500.398āno messing around in between.
The Nasdaq is up 1.69% and the S&P is up 1.14%ārisk appetite has clearly come back. Meanwhile, BTC is up 2.32% to $78,188, with volatility even outperforming the stock indexāthis transmission is working. VIX has fallen to 15.4, and the 10-year U.S. Treasury yield is down 5.9 basis points to 4.947%āboth ends are loosening the reins for non-yielding BTC. As long as U.S. stocks donāt flip the script tonight, above $78,000 can be held along the way.
Tonight, the other 7 setupsāI'll list them all here:
TSM Short at 429.829 / Take profit 423.303 / Stop loss 434.282 20x
AXTI Short at 67.460 / Take profit 63.488 / Stop loss 70.169 12x
PLTR Long at 173.282 / Take profit 177.373 / Stop loss 170.491 20x
IREN Short at 43.745 / Take profit 41.310 / Stop loss 45.405 12x
HOOD Long at 106.821 / Take profit 112.565 / Stop loss 102.902 12x
MU Short at 993.490 / Take profit 965.079 / Stop loss 1012.870 18x
GOOGL Long at 336.682 / Take profit 340.822 / Stop loss 333.859 20x
All are limit ordersāif the price never reaches that level, it doesnāt count.
$BTC $TSM $MSFT #BTC #TokenizedStocks
MSFT at this levelāwould you place an order, or wait until it breaks first?
Iāve been trading U.S. stocks for 3 years, because I came to this after I could trade U.S. stocks on Binance. Two updates each morning and eveningāfeel free to check in.
