If MSFT closes July with favorable monthly candles, it could gain 50-70% in the next 2-4 quarters. No changes to the long term forecast since May 15th.
$MSFT has closed the week with strong bullish weekly and daily candles and the weekly price is back above the 100 WMA. For a reference, last time MSFT closed below 100 WMA was 10 years ago and it recovered in several weeks.
Good luck!
This analysis is part of the @InvestingAngles Weekly Series – US Indices, Cryptocurrencies, Commodities, Currency, and some Large Cap stocks. Link here.
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