Calling the $MSFT top here. See you sub $200The popular narrative is that NASDAQ:MSFT is going to benefit from AI and if there's a downturn, the stock will hold up.
I have a different view. I think we've topped here and will only see lower prices going forward.
Over the next year, I anticipate NASDAQ:MSFT 's price dropping sub $200 to the support levels on the chart.
Only thing that would change my bias is a push above the resistance line and flipping it as support.
Let's see how it plays out.