MSFT: End of the road? I don't like being overly short biased on MSFT because it has proven me wrong before.
But I think we are winding down here.
MSFT is highly over-valued in comparison to SPY, QQQ, AAPl and GOOGL. Even by NVDA standards:
The accumulation rests within that white box on the chart starting around 323. The expected value of MSFT against QQQ (which is a big holder of MSFT) is 326. Same for the expected value from NVDA and SPY.
Looking to start a small NASDAQ:MSFD position here. Stop out would be a break of ATH. Good R:R at this point.
The yellow lines represent road-stops along the way. Our immediate target being 352.
Please note, this is not a short term idea.
Not advice!
Safe trades!