[MSFT] Strong Tech Stock Looking to break Resistance at ATH!
Similar breakout setup to CSCO and ADBE.
Adobe's leading out of the triangle, I suspect both MSFT and CSCO are gonna follow suit in strong way.
MSFT's an all around solid company, not much to say other than they have huge influence on the sector and aren't failing to innovate. Azure Cloud platform is challenging Bezos' cloud at AMZN, the Windows OS will be fueling growth for a long long time, and they're always getting into new areas of expansion by building on top of the core Windows products.
Adobe's leading out of the triangle, I suspect both MSFT and CSCO are gonna follow suit in strong way.
MSFT's an all around solid company, not much to say other than they have huge influence on the sector and aren't failing to innovate. Azure Cloud platform is challenging Bezos' cloud at AMZN, the Windows OS will be fueling growth for a long long time, and they're always getting into new areas of expansion by building on top of the core Windows products.
Comment:
Moved above resistance today as expected. Going back in for a test, seems to be bouncing at least for now. Strong bounce could be a buying signal.
