How StockCharts TV’s view on $MSFT changed

Okay, next is "Microsoft ". Microsoft had a good day last Friday, and I remember that while examining the charts over the weekend, I found Microsoft impressive in breaking through resistance and surpassing the 515 level to reach around 520.

My question for this week is: Will we see a continuation of the upward trend? Not quite yet. We are in the middle of Friday's trading range , but we are very close to a good breakout.

I think the moving averages are in an excellent position. The relative strength index is acceptable. Relative performance is strong. Again, we are testing the resistance and have not yet broken through .

So, we'll start with the name that probably we're all familiar with, Microsoft. And I think the chart of Microsoft is an important one to watch, not just for the individual stock, even though I would say out of the sort of magnificent seven or what my viewers have asked me to uh to start calling Dave's dirty dozen, I think that was a great uh great idea of uh of 12 key uh stocks and ETFs to track in the growth space.