Microsoft last ATH was at 278 before the 4th July weekend.

As of current, I am seeing for the bull case that it will continue on its upward trend to its new ATH (All Time High). Microsoft is still undervalued even at 278!

The bear case is there is a minor sell off towards 268.52. However I am trending more towards the bull case as overall, the trends are all showing signs of upward trending with 20,50,100,200 EMA all above each other. I am looking forward to seeing where is the new ATH (All Time High) price point of Microsoft priced by Mr Market 🙂

Take note of the earnings call on 22 July 2021 and the dividend ex date which is 18 Aug 2021. I would foresee that any sell off will be on the ex date itself or slightly afterwards.

Do refer to my post here for the portfolio spotlight on Microsoft if you wish to know why it is such a great stock to hold for capital preservation/appreciation

Do also take note that NASDAQ is still upward trending with 20,50,100,200 EMA all above each other. This strengthens the bull case for Microsoft further.