Microsoft (MSFT) Extends Well Above Its 50-DMA

xyin

Microsoft (MSFT) Extends Well Above Its 50-DMA

On March 9th, Microsoft (MSFT) closed at $15.15.  After three straight months of gains, the stock is now all the way back up to $24.07 for an increase of 59%!  For a stock that investors have treated as "dead money" for a number of years now, 59% in 100 days is a pretty nice gain.  As shown in the top two charts, MSFT has now moved well above its 50-day moving average.  Over the last ten years, it has only been this extended relative to its 50-day a handful of times.





There was major damage done last year when Microsoft fell below a very long-term support line (shown in the chart below) that got many investors thinking the stock was headed to single digits.  However, the stock quickly bounced back above this technical breakdown level earlier this year, and it's looking like $30 will be much easier to get to than $10.

ajs

谢谢分享， BTW，俺也很喜欢赵雅芝，她真漂亮，而且一点都不显老，现在很多的女明星，一点都不如她，比如台湾那个萧蔷。。。。

purety

真是受不了msft。
那个vista用起来真是painful. 感觉上整体性能基本与硬件无关。

xyin

老当益壮还要看微软和IBM. 这两个估计还是可以长期持有。
我本人现在有做空， 就是根据上面这个图。 但是设了很紧的stop， 一旦pull back 可能就加长线的long. 短期可能上的太快太高了。