Microsoft just hit records, but one level could stop the rally in its tracks $MSFT (via TradingNation)
, founder of TradingAnalysis.com, said Microsoft's outperformance is clear in the charts.Trading Nation
." "The chart below us here is Microsoft into the QQQs so if this chart below is rising, Microsoft is outperforming the Nasdaq and that's absolutely what's happening here and there's no signs of giving back here on this chart." Microsoft shares have surged nearly 40% so far this year, tracking for their eighth annual gain in a row. TheWhile Microsoft's charts remain supportive, Gordon does see one critical level that could put the brakes on this rally.
"I think we will meet resistance in the upper end of this channel around $155 so if we start to hesitate there, watch out," he said.Microsoft still looks like a buy to Mark Tepper, president of Strategic Wealth Partners. "We'd stick with it. I mean, what's not to love about Microsoft right now? The valuation is probably fair, but I mean you're paying for solid growth and execution. Investors want that, and that's what Microsoft delivers," Tepper said Thursday on "Trading Nation."Amazon's"They've got some advantages on Amazon and they do have the ability to overtake them over the next few years," said Tepper.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Mark Ruffalo Is a Tenacious Attorney in Trailer for Todd Haynes' Dark WatersRuffalo stars as a tenacious attorney who uncovers a dark secret that connects a growing number of unexplained deaths due to one of the world's largest corporations.
Baca lebih lajut »
‘Dark Waters’ Trailer: First Look At Todd Haynes’ Movie Starring Mark Ruffalo SurfacesFocus Features and Participant have released the first trailer for Dark Waters, the studio’s third entry into the fall fray following Downton Abbey which arrives Friday and Harriet. Directed …
Baca lebih lajut »
Hear Toni Cornell’s New Song ‘Far Away Places’ Produced by Chris Cornell15-year-old vocalist’s first original track recorded in February 2017, three months before Soundgarden singer’s death
Baca lebih lajut »
Stop the police, Philippine minister says, as bounty-seekers track felonsThe Philippine justice minister on Friday urged police to abort a manhunt of doz...
Baca lebih lajut »
Rod Stewart Preps New Orchestral LP ‘You’re in My Heart’Album, which features new song “Stop Loving Her Today,” blends singer’s original vocal tracks with arrangements from Royal Philharmonic Orchestra
Baca lebih lajut »
Betsy DeVos visits school with explicit anti-transgender policyWhile Education Sec. DeVos’ visit most immediately involved the the future of the tax credit, it also made a statement about the treatment of transgender students in school, experts say. - NBCOUT
Baca lebih lajut »