Hey everyone – hope your week's off to a decent start.
Last Thursday was a solid session for MSFT. Closed at $390.49, up 1.62%. Volume was 42M – nothing crazy, just a steady recovery bounce heading into the long weekend.
Here's the GEX:
Put Wall $380, Call Wall $400, gamma flip around $368. Thursday's close at $390 was sitting above the Put Wall but still below the Call Wall – positive gamma, but not by a huge margin. [GEX? Never heard of it? Here ya go >>](https://www.moomoo.com/us/learn/detail-gamma-exposure-gex-understanding-dealer-hedging-flows-and-key-levels-107906-260473079?global_content=%7B%22promote_content%22:%2211067213%22,%22promote_id%22:20795,%22promote_type%22:43,%22sub_promote_id%22:1%7D)
Technically, price is still below the middle Bollinger band (around $410ish). RSI in the mid 40s. MACD still negative but flattening out – losing downside momentum at least.
Above $400 and the Call Wall becomes support – $410-415 could come next. Below $380 and that Put Wall flips to resistance, with $368 gamma flip as the next zone.
MSFT has been choppy like everything else in tech lately. Not terrible, not great – just kind of stuck in a range.
Let's see if we can actually break $400 this week.
DYOD🫡