iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Here Goes Nothing for Microsoft

Steve-Ballmer-006

12631 member “mickeyp” pointed out the 3.5%-plus upside move in Microsoft today in our chat room earlier.

Updating the monthly chart, below, you can see that bulls still have a major breakout for the taking, if they are up to the challenge. We have dead money for over a decade, followed by a breakout, and subsequent throwback.

A move up through $33 opens the door to a sustained, multi-quarter leg higher.

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MSFT

 

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2 comments

  1. Sooz

    hilarious photo there, Chess..

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  2. Gold

    Holding since Jan., till get to 32. Plus, just collecting dv feels great. Thanks Chess as always.

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