Two More Generals: $GOOGL & $MSFT

I already discussed Google in the 4th chart here. And that so far has been working out, as the high there did fail. The target from that post remains the same:

GOOGL

I last discussed the Microsoft channel here, and warned of a selloff that could threaten a long-term channel (green arrow). And that is exactly what has played out so far. Any further weakness here will place the markets in serious jeopardy.

MSFT

I don’t like the looks of any of this. They can fix this with a huge rally. But it doesn’t look good right now (to me).


Note: When articles are first published, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few weeks or so), I make all of the work public. To gain access to my work when it is produced (or to join my Discord chatroom), please consider becoming a patron. Note that there is a 7-day free trial period. More information may be found on my About page and on my Patreon page.


Leave a Reply

Your email address will not be published. Required fields are marked *