How To Trade Microsoft [MSFT]

How To Trade Microsoft [MSFT]

I post periodic updates to MSFT as I see things worthy of note and update this page. Feel free to bookmark it.

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As of close 17 July 2020

Microsoft has performed admirably this year which is a big part of why I [along with others] am adding it to the index of leaders that are really driving the market... F.A.A.N.G.M. The stock saw new all-time highs just this month and seems to have pulled back to a reasonable area of support. As long as it holds above the horizontal line, I would be a better buyer than seller. Microsoft reports July 22nd.

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As of close 7 August 2020

MSFT is positive since my last post on the stock [1]... Although it took a bit of a dipsy doo path to get there. The market didn't feel great about the company's report [2] so price dropped below the long-running trendline. After a strong "close the month rally" on July 31st, price broke through the all-time high to open the month on August 3rd, but has since drifted to the side [3]. I think that sets MSFT up for a continuation move to the upside and that's how I would play it if I traded the stock. I'd watch the low of the late July selloff [$197.51] as an indication that I'm wrong and should sell the position.

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As of close 16 October 2020

Mr. Softee looks poised to firm up as we head into the cold.