SRPP New Ideas: MSFT & META - T3 Live

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Power Plays New Ideas: MSFT & META
June 11, 2024

By Scott Redler

We are adding 2 new Power Plays today - keeping this short to get these ideas out ASAP.

Just keep in mind that the CPI and FOMC Rate Decision are tomorrow so I am going out on a limb here. So I'd go smaller with sizing. Still, I believe these names have real breakout potential.

Idea #1 - MSFT

Name: Microsoft

Ticker: MSFT

Price: $428

Needs to Hold: $398 to $418

Price Objective 1: N/A

Price Objective 2: N/A

Microsoft (MSFT) has one of the best patterns out there. I'll be looking for a strong close over $432 for confirmation.

Idea #2 - META

Name: Meta Platforms

Ticker: META

Price: $503

Needs to Hold: $464 to $488

Price Objective 1: N/A

Price Objective 2: N/A

Meta (META) looks ready to ready to get back to the $515 area and extend further.

-Scott

Scott Redler Positions Disclosure as of 2024-06-11 at 10.49.41 AM

Screenshot 2024-06-11 at 10.49.41 AM

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