$Microsoft(MSFT)$
If Microsoft can decisively break and maintain a position above this daily 50 MA, there's potential for further gains. The next significant resistance level appears to be around $434. This scenario would signal strong buying interest and could propel the stock higher, assuming other market conditions remain favorable.
However, the rejection at the 50 MA suggests caution; a convincing close above this level would be needed to confirm continued upward momentum. Keep in mind, that while technical analysis provides valuable insights based on past performance, it's not infallible. Consider broader market trends, upcoming earnings, and macroeconomic indicators when evaluating investment opportunities. I am swinging MSFT $430 calls 01/24 expirations[Grin][Grin][Grin]
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