Description
⋅ MSFT has good fundamentals and is in a renewed up-trend as-is SPY which is a bullish sign for MSFT.
However, MSFT has a high deviation of the 20MA from the 50MA. If that should begin to narrow we could see at least a short term pullback.
Comment
⋅ MSFT also has earnings coming this week.
Comment
⋅ SPY dragged it down a bit. Daily Chart suggests a short term pullback. Maybe to 281.97
Comment
⋅ Took awhile, but we got there.