I have a position in
MSFT
and I'm waiting for a better set up to buy again. Right now is testing support in the $230 zone, this would be a good signal to buy but is too risky. I always preffer to buy on breakouts. The godd thing is that the selling volume it hasn't been to great but still, the market is too volatile right now. The best thing to do is wait.
Another good thing about
MSFT
is that is rank 2 by Investors Business Daily in the Computer Sftwr-Desktop Group and is an IBD Leaderboard stock. Also, analyst SCOTT LEHTONEN, from IBD, wrote "The best Dow Jones stocks to buy and watch in March 2021 are Apple (AAPL), Disney (DIS), Microsoft (MSFT) and Visa (V)". This are the kind of things a like to see when I'm wainting to buy a stock or holding it. You can say that this is part of my Fundamental Analysis.
MSFT
and I'm waiting for a better set up to buy again. Right now is testing support in the $230 zone, this would be a good signal to buy but is too risky. I always preffer to buy on breakouts. The godd thing is that the selling volume it hasn't been to great but still, the market is too volatile right now. The best thing to do is wait. Another good thing about
MSFT
is that is rank 2 by Investors Business Daily in the Computer Sftwr-Desktop Group and is an IBD Leaderboard stock. Also, analyst SCOTT LEHTONEN, from IBD, wrote "The best Dow Jones stocks to buy and watch in March 2021 are Apple (AAPL), Disney (DIS), Microsoft (MSFT) and Visa (V)". This are the kind of things a like to see when I'm wainting to buy a stock or holding it. You can say that this is part of my Fundamental Analysis.