Source: PaxForex Premium Analytics Portal, Technical Insight

Microsoft is preparing a new Windows 10. The new version of the Windows platform, which should be called 10X, may no longer support standard Win32 applications, to which most users are used. It is assumed that Microsoft has decided to implement streaming Win32 applications from the cloud using VAIL technology. However, on low-cost models, this technology may not be supported, as its use slows down the system, according to the sources.

Microsoft, H4

Pivot: 208.57

Analysis:

Provided that the asset is traded below 211.50, follow the recommendations below:

• The time frame: H4
• Recommendation: short position
• Entry point: 208.57
• Take Profit 1:  205.60
• Take Profit 2: 204.10

Alternative scenario: 

In case of breakout of the level 211.50, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 211.50
• Take Profit 1: 214.00
• Take Profit 2: 215.50

Comment:

RSI is below 50. The MACD is positive and below the signal line. The MACD must break through the zero line to expect further declines. Microsoft trades with a 20-period moving average (210.42), but with a 50-period moving average (206.64).

Key levels:

Microsoft, D1

Pivot: 202.75

Analysis:

While the asset is traded above 202.00, follow the recommendations below:

• Time frame: D1
• Recommendation: long position
• Entry point: 202.75
• Take Profit 1: 216.40
• Take Profit 2: 231.00

Alternative scenario:

If the level 202.00 is broken-down, follow the recommendations below.

• Time frame: D1
• Recommendation: short position
• Entry point: 202.00
• Take Profit 1: 193.50
• Take Profit 2: 187.30

Comment:

RSI shows an uptrend.

Key levels:

We also advise you to pay attention to General Electric for intraday trading:

Pivot: 6.84

Analysis:

While the asset is traded above 6.00, follow the recommendations below:

• Time frame: H4
• Recommendation: long position
• Entry point: 6.80
• Take Profit 1: 8.09
• Take Profit 2: 8.51

Alternative scenario:

If the level 6.00 is broken-down, follow the recommendations below.

• Time frame: H4
• Recommendation: short position
• Entry point: 6.00
• Take Profit 1: 5.78
• Take Profit 2: 5.39