Preemptive Profit-Positioning:
Microsoft Corp. (MSFT Nasdaq): $28.48 X $28.50
On 4 February 2009, announced a preemptive buy-signal on Microsoft Corporation (MSFT) at the $18.90 per share level. MSFT is currently trading approximately 50% higher at the current $28.50 range.
On 4 February 2009, announced a preemptive buy-signal on Microsoft Corporation (MSFT) at the $18.90 per share level. MSFT is currently trading approximately 50% higher at the current $28.50 range.
We see Microsoft moving moderately higher in 2010 based on continued global economic recovery. Nevertheless, with an upward run of approximately 50% in just 9 months, you should consider taking initial partial-profits off the table at the current price range. Hold onto the remainder of your MSFT shares for the longer term.
Protect initial MSFT profits; hold remaining positions. There is no protective sell-stop in place on this trade.
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