Microsoft Sets Itself Apart From Large Cap Tech Stocks

Despite the recent pullback and relative under-performance hitting large cap tech stocks , Microsoft sets itself apart, resiliently trying to make new all time highs.

A look here in on multiple time-frames shows just how strong price action has been over the the past several weeks, months, and years.

DAILY:

msft_11_29_daily

WEEKLY:
msft_11_29_weekly

MONTHLY:
msft_11_29_monthly

Microsoft briefly set new intraday all time highs this morning, but couldn’t hang onto enough of those gains for a new closing high.

Meanwhile $AAPL $GOOGL $AMZN $FB  are all 5%+ off their highs chopping around.

At 470 billion in market cap and the second largest weighting in the Nasdaq 100 $QQQ its one of the few existing market leaders that continues to act well.

We have no position in Microsoft at this time, but a breakout to new highs from this daily consolidation could change that.

Thanks for reading and good luck out there.

If you’re interested in learning more about how we trade, check out our Trade Alerts page and Contact Us if you have any questions.

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Evan Medeiros

Evan is the founder of the Trade Risk. With 20+ years of coding experience and a B.S. in computer science, Evan brings a systematic discipline to investing in the stock market.

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