SRPP New Idea: MSFT

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Power Plays New Idea: MSFT

March 21, 2023

By Scott Redler

Name: Microsoft

Ticker: MSFT

Price: $272.14

Needs to Hold: $244 to $258

Price Objective 1: $290 to $304

Price Objective 2: N/A

We'll make this quick.

Microsoft (MSFT) looks ready to take off so I want to make it our latest Power Play.

Let's consider this a "half-size" position because there's a chance we get an add on a dip.

It has potential to get over $290 if the market holds up and tech continues to lead.

On the risk side, it needs to hold the $244 to $258 area to stay out of danger.

-Scott

Scott Redler Positions Disclosure as of 2023-03-21 at 2.59.46 PM

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