updated and zoomed-in view from previous post - we hit the price projection then the bull vs bear tug of war intensified with a stormy (negative) backdrop - there's some longs coming in, and they were helped with some "shorts" getting their exit losses triggered on Friday. but we're not out of the danger zone yet, although friday showed how bullish the appetite is - we need to be patient until the situation resolves and we come back to balance. we need to see a sideways range forming ,for at least few weeks and maybe that won't happen before their next (Q3) earnings late April - any sudden move up can't be trusted for the long term.
the MSFT growth story is not going anywhere so this drop is relatively a short term move, and is a good correction and an opportunity for building a long position - long term investors should watch for good points of entry below $150
the MSFT growth story is not going anywhere so this drop is relatively a short term move, and is a good correction and an opportunity for building a long position - long term investors should watch for good points of entry below $150
