Wednesday, June 18, 2014

MSFT chart beauty, aging well

On January 4 2012 I posted this chart:

Here is what we have now:

Well, things are working out fine in this trade, so the question is, whats next? I think we can hold to the IBM example in the Jan 4 post. This should fill in the right side of this pattern, so the next target should be that 50 to 55, after that 75 then 100. Again, this is a very long term play, so its not likely to get there this year or even next, but who knows.  I am still holding. Patience grasshopper.

Here is a link to the old post.