munyaelliott
Long

MICROSOFT CORPORATION (MSFT) MONTHLY LONG

NASDAQ:MSFT   MICROSOFT CORP
Well, Microsoft Corporation ( MSFT ) just made it to the $1 trillion dollar mark. And it happens to be worth more than two times of Belgium's GDP. It also happens to be worth more than Appe and Amazon. What a day for them. Well as an investor, you would not want to buy the tops if there are not signs of a continuation. What's worse is that the price is making a parabolic move, reminiscent of Bitcoin . Well i don't think this is a bubble, or that there will be a sharp retracement, but i do expect some form of retracement and new players can buy after this retracement is finished. If the share price does not retrace, you could look at buying a breakout of a certain price level. Today i am not going deeper into technical analysis , but simply reflecting on this milestone . Toast to the equity market.
Heisenberg Trader
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