TA Challenge Trade Ideas MSFT TSLA SBUX

Microsoft 

Microsoft makes computer software like Office 365 and Windows OS, and has a very good core segment in its cloud business Microsoft Azure. In addition to that, they also make consumer electronics like XBox and it's video games.

MSFT

Recent stock price action has taken a dip since August 15 when it reached a high of $294.18. The stock fallen around 12% since then. The 50 daily moving average has crossed above the 100 daily moving average, and likely support will be strong at $250. From the stochastic, the stock has been oversold for quite sometime.If $250 support fails, the next support level at $240 which was support back in May 2021 willlikely be tested. 


Tesla

Tesla designs and manufactures electric vehicles, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla has attracted a lot of retail investors, but it's high valuations metrics could mean that investors are overpaying for this stock. Tesla will be reporting its August China deliveries soon, and is expected to report 77,000 unit sales in China. If that figure is reached, that would be up 173% month-on-month and 74% year-on-year. Tesla Giga Shanghai delivered 28,217 vehicles in July, and that was largely due to half the month spent to upgrade the production line.

TSLA

On the long term trend, the stock is still facing downward resistance and failing to break above the red downward trendline. The 50 daily MA has crossed above the 100 daily MA, whilethe MACD is starting to converge. There is a potential trading range, from current price to $314, that works out to around $942 pre split. That represents 10% potential upside, and anypositive surprises from August deliveries couldspark a rally for Tesla. 

Starbucks 

Starbucks is the world's largest coffeehouse chain, and operates in 83 countries with 34,630 stores worldwide as of April 2022. Starbucks recently announced that Laxman Narasimhan will be the company incoming CEO from October 1st, 2022 and will work closely with Howard Schultz, interim CEO, before assuming theceo role and joining the board of directors on April 1st, 2023. Narasimhan brings nearly 30 years of experience leading and advising globalconsumer-facing brands, including Reckitt, PepsiCo, McKinsey & Company.

SBUX

The stock has rallied from a low since June 16, and has gained almost 25.7% since then. It has struggled for direction in the last 2 weeks, however it has regained most of its losses since the Jackson Hole event where Federal Reserve Chairman Jerome Powell threw cold water at the markets with the hawisk statement onmore needs to be done to bring inflation downto its target of 2%. 

The MACD is starting to converge, while the stochastic has picked up, indicating short term bullish trend. $90 will be a strong psychological resistance, while $92.50 and $99 are the next resistance levels it needs to clear to have any shot at a price above $100. Any failure to break resistance could mean sending the stock back to support level of $80, which is likely toact as support. For a better margin of safety, investors would watch for resistance to fail and step in at $80 support level.


$Microsoft(MSFT)$

$Tesla Motors(TSLA)$

$Starbucks(SBUX)$

@TigerStars 

# Technical analysis challenge

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • Juliaaa11
    ·2022-09-08
    good read of MACD. gonna keep $80 in mind
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    • AnaiAnai
      yes
      2022-09-08
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  • Gloria112
    ·2022-09-08
    👍Let's see what kind of impacts the reporting can have on Tesla
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  • DannDann
    ·2022-09-08
    Good sharing 👍👍🏻 thumbs up like
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  • DaveLewis
    ·2022-09-08
    Reasonable analysis n trading ideas. I personally think MSFT will break 240 😬😬😬
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  • Tracccy
    ·2022-09-08
    Good. Am bullish on starbucks and Microsoft... Necessity😃
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  • CynthiaVogt
    ·2022-09-08
    Still good news on TSLA??
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  • LMSunshine
    ·2022-09-13
    Great info! Thanks🤗
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  • alexj
    ·2022-09-09
    msft is a great buy
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  • easonlai
    ·2022-09-12
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  • LIAN230221
    ·2022-09-12
    [Miser][Miser][Miser]
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  • Chrono
    ·2022-09-11
    K
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  • patrickyao
    ·2022-09-10
    [微笑]
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  • RabbitNg
    ·2022-09-10
    Ok
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  • LynL
    ·2022-09-09
    [微笑]
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  • TAN PS
    ·2022-09-09
    ok
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  • SALLY123
    ·2022-09-09
    OK
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  • 小小一条
    ·2022-09-09
    good 👍
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  • Tiger Wong
    ·2022-09-09
    Good
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  • Holomatt
    ·2022-09-09
    Swee
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  • jieqi
    ·2022-09-09
    👍
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