đ Evening Update · Sep 19
MSFT is stuck at 493.853âcan tonightâs move hold steady on this push?
Yesterday it closed down 0.58%, with an amplitude of only 1.7% and trading volume of $19 million. The software/SaaS sector has been cold latelyâhardly anyone is watching. But even if itâs cold, the price structure is still there. 493.853 is support at the lower end of the short-term range; itâs only about -0.14% away from the current priceâbasically pegged right at it. If you can hold it here, it suggests selling pressure is limited. Upside: 500.398 is near the prior high and a take-profit level. If it directly breaks below 493.853 and canât reclaim it, then 489.388 is the last line of defenseâif that breaks, the short-term long thesis has to be recalculated. My take is very clear: go long at this levelâthe risk/reward is favorable. Place defense at 489.388; the stop-loss room is under 1 point, while the take-profit room is 1.3 points or more. With 20x leverage, if the direction is right, profits get amplified; if the direction is wrong, 489.388 must be exitedâdonât hold and âaverage down.â
The U.S. Dollar Index is up 1.11% over the past week, and the 10-year Treasury yield has risen to 4.998% (+5.1 bps). The carrying cost for non-yielding assets is risingâthis is the most direct headwind for BTC. But BTC is trading at $81,291, up +0.50% over the past 24 hours; the Nasdaq is up today by +0.39% and nearly +0.73% over the past month. VIX has fallen to 14.8, and risk appetite is turning backâBTC hasnât been suppressed on the rates front; itâs tracking the tech side. With the two directions hedged, upside may be limited, but it hasnât fallen behind. For the short term, watch whether it can keep biting along with the Nasdaqâs pace.
Tonight, the other 7 levels are written here as well:
NVDA Short limit @223.001 / Take profit 217.781 / Stop 226.562ă20x
LITE Short limit @934.946 / Take profit 894.383 / Stop 962.616ă14x
PLTR Long limit @173.282 / Take profit 177.373 / Stop 170.491ă20x
NBIS Short limit @231.335 / Take profit 220.984 / Stop 238.395ă14x
BMNR Long limit @23.610 / Take profit 24.529 / Stop 22.983ă15x
GLW Short limit @159.029 / Take profit 153.677 / Stop 162.681ă17x
HOOD Long limit @107.710 / Take profit 113.213 / Stop 103.957ă13x
All are limit ordersâif the price never reaches that level, the order doesnât count.
$BTC $NVDA $MSFT #BTC #TokenizedStocks
MSFTâwould you place an order at this level, or wait for it to break first?
Iâve been trading US stocks for 3 years. I came over only because Binance can do US stocks now. Every morning and evening I post two updatesâfeel free to check them.
MSFT is stuck at 493.853âcan tonightâs move hold steady on this push?
Yesterday it closed down 0.58%, with an amplitude of only 1.7% and trading volume of $19 million. The software/SaaS sector has been cold latelyâhardly anyone is watching. But even if itâs cold, the price structure is still there. 493.853 is support at the lower end of the short-term range; itâs only about -0.14% away from the current priceâbasically pegged right at it. If you can hold it here, it suggests selling pressure is limited. Upside: 500.398 is near the prior high and a take-profit level. If it directly breaks below 493.853 and canât reclaim it, then 489.388 is the last line of defenseâif that breaks, the short-term long thesis has to be recalculated. My take is very clear: go long at this levelâthe risk/reward is favorable. Place defense at 489.388; the stop-loss room is under 1 point, while the take-profit room is 1.3 points or more. With 20x leverage, if the direction is right, profits get amplified; if the direction is wrong, 489.388 must be exitedâdonât hold and âaverage down.â
The U.S. Dollar Index is up 1.11% over the past week, and the 10-year Treasury yield has risen to 4.998% (+5.1 bps). The carrying cost for non-yielding assets is risingâthis is the most direct headwind for BTC. But BTC is trading at $81,291, up +0.50% over the past 24 hours; the Nasdaq is up today by +0.39% and nearly +0.73% over the past month. VIX has fallen to 14.8, and risk appetite is turning backâBTC hasnât been suppressed on the rates front; itâs tracking the tech side. With the two directions hedged, upside may be limited, but it hasnât fallen behind. For the short term, watch whether it can keep biting along with the Nasdaqâs pace.
Tonight, the other 7 levels are written here as well:
NVDA Short limit @223.001 / Take profit 217.781 / Stop 226.562ă20x
LITE Short limit @934.946 / Take profit 894.383 / Stop 962.616ă14x
PLTR Long limit @173.282 / Take profit 177.373 / Stop 170.491ă20x
NBIS Short limit @231.335 / Take profit 220.984 / Stop 238.395ă14x
BMNR Long limit @23.610 / Take profit 24.529 / Stop 22.983ă15x
GLW Short limit @159.029 / Take profit 153.677 / Stop 162.681ă17x
HOOD Long limit @107.710 / Take profit 113.213 / Stop 103.957ă13x
All are limit ordersâif the price never reaches that level, the order doesnât count.
$BTC $NVDA $MSFT #BTC #TokenizedStocks
MSFTâwould you place an order at this level, or wait for it to break first?
Iâve been trading US stocks for 3 years. I came over only because Binance can do US stocks now. Every morning and evening I post two updatesâfeel free to check them.
