MSFT, GOOG and AMZN Forecast – Major Tech Stocks Looking to Recover After President’s Day

Microsoft (MSFT) Technical Analysis

Keep in mind that it is Presidents Day on Monday, so the trading of stocks will have been stopped. But at this point in time, we can start to look at longer-term setups and see what markets are actually trying to do.

The Microsoft market looks as if it is trying to find some type of bottom near the $400 level. I do think that we could get a little bit of a bounce, but we will just have to wait and see whether or not we get more risk appetite out there in general.

There are a lot of concerns about artificial intelligence and that is part of what is going on here. Ultimately, a lot of the cap ex is really starting to have people worry about some of the AI giants.

Google (GOOG) Technical Analysis

Google looks as if it is trying to find the $300 level for support. Somewhere around that area we could see a little bit of a bounce. It is still a very positive market despite the fact that we have sold pretty significantly over the last week and a half. I think at this point in time, Google will correct itself given enough time, perhaps bouncing and heading back towards $350.

Amazon (AMZN) Technical Analysis

Amazon is currently sitting at the $199 level. I believe that the gap from back in May of 2025 could offer support right around the $195 level. Ultimately, I do think this market turns around and if and when it does, you have the potential for the market to offer a nice longer-term buying opportunity.

If we break down below the $190 level, then I think you have a situation where we really start to unravel. As things stand right now though, I do think we are getting cheap enough that people are going to be watching this area for any type of bounce that they can buy on the right-hand side of the V shape. Again, Monday is closed, but we are setting up for an interesting Tuesday.