Market Carve
Summary

2026-02-05

⚠️ Oversold Territory! MSFT just plunged 3.31% to $393.95, hitting severe oversold conditions with RSI at 28.83 - right at the critical 30 threshold.


📉 Technical Breakdown: Price trading significantly below all EMAs (9/50/200), showing strong bearish momentum. MACD histogram expanding negative to -5.88, confirming downtrend acceleration. However, we're approaching capitulation levels.


🎯 The Setup: Three consecutive red candles with increasing selling pressure, but RSI hovering near oversold suggests bounce potential. Support forming around $392-394 zone.


🔮 Tomorrow's Call: Likely GREEN candle as oversold conditions trigger short-term relief bounce. Weekly close expected ABOVE open as bears take profits.

Insights

Trend: 🐻 BEARISH

Candlestick Pattern: Three Black Crows (Feb 3-5: consecutive red candles with lower closes at $411.15, $414.19, $393.95, showing strong bearish momentum)

Support: 🟢 392.32 (Feb 5 low - recent bottom wick)

Resistance: 🔴 422.05 (Feb 3 high - recent rejection level)

CALLBUY MSFT @ 400

Expiration: Feb 19, 2026 · 14 days out

MSFT