On Jan. 24, we highlighted opportunity in Microsoft (MSFT), as it traded at $242.58.

At the time we noted, “Microsoft (MSFT) is attempting to break higher again. In fact, if it can break above current resistance, it could test $250 next. We want to be well-positioned for when that happens.”  Today, MSFT is up to $274.18.  If it can break above its next resistance point at $280, it could refill a bearish gap around $290. 

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All after announcing, “it is integrating the technology behind the viral chatbot ChatGPT into its Bing search engine and Edge web browser. Microsoft stock jumped amid hopes the artificial intelligence tool can help Bing chip away at Google’s dominance in the internet search market,” as noted by Investors’ Business Daily.

If you invested in MSFT on our initial note, we’d love to hear how you’re doing.


Ian Cooper