MSFT’s rally has been so steep that I was only half-joking when I speculated in the chat room that the company had found an AI cure for cancer. As powerful as the rally has been, it cannot go one forever. If this is borne out in practice, the 548.98 target shown is a logical place for the wilding spree to end. However, the ease with which buyers pushed past p=449.09 makes it all but certain that the target will be achieved. It’s not far above and could be reached as soon as Labor Day, so caveat emptor! ______ UPDATE (Sep 8, 11:20 a.m.): MSFT is getting its ass kicked so badly today that it has jolted my awareness of a 481.20 downside target that is now far more likely to be reached than the bullish one at 548.98 boldfaced above. Incidentally, the “last price” shown will always be the price that obtained at the time I have updated a tout.
MSFT – Microsoft (Last:493.15)