Microsoft is suddenly becoming a chic mega cap old tech play again. As far back as January, though, we were on watch for that monthly chart holding a retest of its decade-long breakout (see this post).
The following visual delves into the analysis behind the potentially resurgent Mister Softee.
See Also: Steve Cortes and Carter Worth discuss Microsoft on CNBC (click here)
via statista
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Is that your girlfriend? NICE.
BTW–There’s nothing much left to buy with a 3% yield that hasn’t moved….
Exactly–Carter Worth argued in that video above that MSFT could take over the reigns once the extended staples/healthcare names unwind.
I don’t watch CNBC… 🙂