$MSFT TOP 20
Added 2024-05-09 14:31:59 +0000 UTC$MSFT is the Mega Cap that is following the market the most.
It is still being held down by its 50 Day MA and has not broken above this level for the week.
It has also bounced quite strong so may need a breather too, with CPI and PPI next week, do we believe that the bulls can push this higher?......it is not outside the realms of possibilities but it does increase the risk level.
We are seeing a number of prominent stocks, future Mega Caps struggling this week and already in their correction, this may add pressure on the market too.
