Aug. 13 at 4:16 PM
I'm long term bullish on
$MSFT.
Once massive new data center build out is completed, and new AI cloud compute capacity starts to generate monster revenue, the profit margin will soar and the eventual rally will be big and it'll be lasting. But I think we are possibly 12+ months out for that.
Therefore, for now, MSFT rallied too fast too much recently with capex spending still increasing. With RSI still in overbought and MACD is about to make bearish convergence, I expect to minimally see gap fill near
$466.
$MSFU $MSFD $SPY $IGV