Gareth Soloway
InTheMoneyStocks
Tuesday, October 1, 2019
Watch Out When Microsoft $MSFT Does This…
The market is hanging by a thread after the ISM index showed a major contraction in the economy today. Microsoft (MSFT) is worth over $1 trillion and can arguably dictate the price action in the whole market. Therefore, if Microsoft breaks an epic trend line around $137.00, it will likely tumble to $130, then $120, taking the whole market down as much as 10% near-term. Watch this level on a daily closing basis. Note the chart below.
