source avatarHeisenberg

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Three weeks ago I said take a look at the volume in $MSFT. Highest daily volume in 12 yrs. Highest weekly volume in 6 yrs. Highest monthly volume in 6 yrs. It marked A bottom (for now) and rewarded a 15% pretty unabated bounce since. All at the same time respecting the 50mma, the 50wma, and now it’s hunting for the 50dma. I like this name if it can close above $400 (where the 50dma is, came close the other day) to head towards the 200dma around $430ish then.

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