Bear2020s
Short

Microsoft Setting Up For Hard Landing

NASDAQ:MSFT   Microsoft Corp.
Parabolic gains may soon change to pain for Microsoft investors. The rise and rise again of MSFT on this weekly chart has clearly been unsustainable for a while but sprinting on based on pure momentum. Once this momentum starts to fade, sanity will return. Sharp falls in MSFT may follow.

The break of the trend line will give strong sell signal, but since it has been such a sharp uptrend this is quite a bit away from the current price. The current price is a good sell price, but stops have to remain above 200 in case there are final spike highs into this round number.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out