$Microsoft(MSFT)$ is a tech company and is badly affected by rapid interest rate hikes. but it is oversold in my opinion if you look at the pnf chart. it may rebound in an early santa rally to cover the gaps (yellow lines). that would be a 8% rally. it has recently bounced off its 2020 support. you can observe the short volume averages are on a decreasing trend. bear in mind any rally would only be a bear market rally unless fed starts to pause or cut rate hikes.

my portfolio in october cut losses and made some profitable trades that compensate for the paper losses. 

we are in the midst of a santa rally, $S&P 500(.SPX)$ is below its green trendline and has bounced off its support. djia has already rebounded all the way up to its downward trendline. republicans are likely to retake both the house and senate as democrats have run down the country with bad polices. republicans are pro-market. hopefully the china market will spark a global broad market rally.

remember to apply automatic investment system, take profit at 10% intervals or at resistance levels if you know technical analysis.

bon courage

merci beaucoup @TigerStars[Heart] 

# October review: Dow gained 14%; Opportunities in these companies?

Modify on 2022-11-06 21:39

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  • LMSunshine
    ·2022-11-07
    Great post! Thanks for sharing🥰 Nothing to add as it’s too 👍 a post! Just wondering…what’s your buy price for MSFT? I read that MSFT is overvalued currently elsewhere.
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    • melsonReplying toLMSunshine
      msft is in djia and has been beaten more than aapl, so i would choose msft over aapl. googl may join djia, so not a bad choice too. but can only choose from djia no?
      2022-11-09
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    • LMSunshineReplying tomelson
      Wow! That’s the price now! Seems like you’re really bullish for MSFT? Looking at 52W Highs, does Adobe seem to be a better buy? Looking at investors’ popularity & beaten prices, are GOOGL, AMZN, & 🍎 are better buys?
      2022-11-07
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    • melson
      merci beaucoup, buying price around 221-2 would be good, buy portion by portion should be fine, never showhand. always apply automatic investment system. ツ
      2022-11-07
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  • jeffry09
    ·2022-11-06
    msft will eventually reach their 52 week high again. you can run your short term math and think msft will go up or down, but it will go back to the 52 week high.
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    • melson
      when fed pause or cut interest rate
      2022-11-06
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  • Ranchy
    ·2022-11-06
    ok will look at it
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    • KoklinganReplying tomelson
      ok
      2022-11-07
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    • melson
      bon courage
      2022-11-06
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  • zerolih
    ·2022-11-07
    I'm buying for long term investment
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    • melson
      bon courage [USD]
      2022-11-07
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  • YeddaJohnson
    ·2022-11-06
    MSFT is the best value among the growth and the most growth among the value!
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    • melson
      it is still the market leader but it seems to be resting on its laurels.
      2022-11-06
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  • YvetteGunther
    ·2022-11-06
    Actually MSFT needs to retrace the 2020 lows of 137 so it's technically still way overpriced.
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    • melson
      when the fed hikes to 5.75%
      2022-11-06
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  • YorkTurner
    ·2022-11-06
    I want to see Microsoft shares the same as Apple. 125 to 130.
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    • melson
      maybe in January 2023
      2022-11-06
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  • jllwang
    ·2022-11-07
    Good analysis. Thanks
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    • melson
      merci beaucoup
      2022-11-07
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  • TSY123
    ·2022-11-07

    Okay 

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    • melson
      2022-11-07
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  • NgKenny
    ·2022-11-07
    Nice
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    • melson
      merci
      2022-11-07
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  • gye
    ·2022-11-07
    ok
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    • melson
      2022-11-07
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  • GoldenEyes
    ·2022-11-07
    Thanks
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    • melson
      de rien
      2022-11-07
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  • Weh
    ·2022-11-07
    Good company
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    • melson
      oui, c'est bon.
      2022-11-07
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  • CoolTigger
    ·2022-11-07
    [smile]
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    • melson
      2022-11-07
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  • Pixiu88
    ·2022-11-07
    Ok
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    • melson
      2022-11-07
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  • Vincent1968
    ·2022-11-07
    nice
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    • melson
      merci
      2022-11-07
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  • wujunhuii
    ·2022-11-07
    tq for sharing
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    • melson
      de rien
      2022-11-07
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  • Best1
    ·2022-11-07
    Thanks
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    • melson
      de rien
      2022-11-07
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  • Carrotski
    ·2022-11-07
    👍
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    • melson
      merci
      2022-11-07
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  • 熊也赚钱
    ·2022-11-07
    good
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    • melson
      merci
      2022-11-07
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