poppii
08-14

I'm long-term bullish on MSFT. Once the massive new data center build-out is completed and the new AI cloud compute capacity starts generating monster revenue, the profit margin should soar, and the eventual rally could be big and lasting. But I think we are possibly 12+ months out from that.

For now, MSFT has rallied too fast and too much recently with capex spending still increasing. With RSI still in overbought territory and MACD about to show a bearish convergence, I expect at least a gap fill near $466.

$Direxion Daily MSFT Bull 2X Shares(MSFU)$  $Direxion Daily MSFT Bear 1X Shares(MSFD)$  $SPDR S&P 500 ETF Trust(SPY)$  $iShares Expanded Tech-Software Sector ETF(IGV)$ 

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