MSFT, META and NFLX Forecast – Major US Stocks Quiet in Premarket

MSFT Technical Analysis

Microsoft looks like it’s going to open up relatively flat from the closing of the previous session as we continue to look for some type of clarity when it comes to the tariff wars. The US dollar itself is falling, so that may help Microsoft with some of its exports. That could at least be part of the thought process. But at this point in time, it is probably worth noting that during the massive spike that we saw on Wednesday, we stopped right at the 50 day EMA. So, I think we’ve got choppy sideways volatility ahead.

META Technical Analysis

Meta looks like it’s going to do very much the same, just hang around where it’s been. We are sitting just below the 200-day EMA, and that, of course, is an indicator that a lot of people will pay close attention to, and the fact that we pulled back from there does suggest that Meta doesn’t have enough momentum to continue going higher.

Quite frankly, Meta is like many other stocks right now, just moving on the latest macroeconomic headlines and not necessarily anything going on with the company itself. That being said, you would need to see a daily close above the 200-day EMA to get bullish here.

NFLX Technical Analysis

Netflix looks a little better than the other two, and that does make a certain amount of sense. It tends to be very sticky in its demand. And as we open up on Friday, we should be right around where we closed on Thursday, but pay close attention to that $960 level, because a move above there would confirm the uptrend, kicking back off, and it would send Netflix above the 50-day EMA as well.

The $1,000 level above is a significant psychological barrier and where we formed the last swing high, so that would be your next fight. Pullbacks at this point in time should see plenty of support near the $850 level, as it is backed up by the 200-day EMA.

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