Power Plays New Idea: MSFT
March 21, 2023
By Scott Redler
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 Redler Positions Disclosure as of 2023-03-21 at 2.59.46 PM