Trading Microsoft After Its Big Run [TheStreet.com]
Apple Inc. (AAPL)
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Source: TheStreet.com
Microsoft(MSFTGet ReportIn fact, tech in general is struggling, with AppleAAPLGOOGLAMZNOn the one hand, it’s somewhat concerning to see a market leader like Microsoft not participating in Thursday’s rally. On the other hand, it continues to hold up despite delaying its Surface Neo product, while pausing work on Windows 10X.Is mega-cap techtrying to tell us something?At this stage of the game - with the S&P 500 up a robust 28.5% from the March lows - it’s anyone’s guess. All we can do as traders is go from level to level, allowing price action to be our guide,Microsoft, Apple, Alphabet and Amazon are holdings in Jim Cramer's member club. Want to be alerted before Jim Cramer buys or sells MSFT, AAPL, GOOGL or AMZN?Learn more now.Trading Microsoft StockDaily chart of Microsoft stock.Chart courtesy of Stockcharts.comLet’s start with the good. Microsoft stock was able to hammer out a bottom near $135, reclaim several major moving averages and is now digesting in the low-$160s.The last few
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- Apple (NASDAQ:AAPL) had its price target raised by analysts at CLSA from $265.00 to $330.00. They now have an "outperform" rating on the stock.MarketBeat
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