MSFT: New All-Time-High with good upside (projection)
Market reaction for the last earnings wasn't that positive, but today the move was strong and showed some bullish commitment and supported with large volume - don't believe that's only because of the new around TikTok but it may have helped.
we're in all time high above $217 - and if the bulls can maintain that momentum (let's see reactions tomorrow and rest of week), we may project an upside of around 16% -- that takes MSFT to the range $250 to $255 before end of Q3 -- but that scenario is a very optimistic one and there's always the risk of headwind during these dynamic times.
overall MSFT has been a great stock to own, and continues to be - and still show continuing growth potential - rewarding for the patient (position) traders.
we're in all time high above $217 - and if the bulls can maintain that momentum (let's see reactions tomorrow and rest of week), we may project an upside of around 16% -- that takes MSFT to the range $250 to $255 before end of Q3 -- but that scenario is a very optimistic one and there's always the risk of headwind during these dynamic times.
overall MSFT has been a great stock to own, and continues to be - and still show continuing growth potential - rewarding for the patient (position) traders.
