MSFT has risen $61 dollars since the start of June or 59 trading days (and $90 since January low). That's better than a $1 day since June and with about 100 trading days left in the year who knows where it could go by year end. Late last week it broke down inside this wedge only to be saved by big money piling in on news that subscription revenues will rise next year. With a market on the precipice of frivolity, each and every day is a challenge to find the next name to keep this market afloat. Today is was clear that MSFT saved the day! Who's next?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.