$MSFT

MSFT shows a base breakout and positive momentum in a sector rally, but technical confirmation via MACD crossover is pending for stronger conviction.

“The Rally Is Still Working, But It’s Getting Selective”
StockCharts TVPublished Aug 28 · 1 passage

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First up here is Microsoft. Here's that gap up on earnings. The stock pulled back rather orderly, but more recently it has been on the move higher. So, we have a nice base breakout coming out of a 2-month base.

The company is very involved in cybersecurity software. Their Azure product does produce 20 billion in security-related revenues for the company. So, this is a participation rally in the move earnings-related move into software stocks.

And again, we did see this nice base breakout today. Very decent volume. We have a positive RSI. Now, if we can get that black line up through the red on the MACD, that would give more conviction to the current uptrend taking place in Microsoft.

What this channel has said about $MSFT

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2026-08-31Bullish
So, we'll start with the name that probably we're all familiar with, Microsoft. And I think the chart of Microsoft is an important one to watch, not just for the individual stock, even though I would say out of the sort of magnificent seven or what my viewers have asked me to uh to start calling Dave's dirty dozen, I think that was a great uh great idea of uh of 12 key uh stocks and ETFs to track in the growth space.
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2026-08-28This one
First up here is Microsoft. Here's that gap up on earnings. The stock pulled back rather orderly, but more recently it has been on the move higher. So, we have a nice base breakout coming out of a 2-month base. The company is very involved in cybersecurity software. Their Azure product does produce 20 billion in security-related revenues for the company. So, this is a participation rally in the move earnings-related move into software stocks. And again, we did see this nice base breakout today. Very decent volume. We have a positive RSI. Now, if we can get that black line up through the red on the MACD, that would give more conviction to the current uptrend taking place in Microsoft.
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