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Mega-Cap's Make Or Break Moment
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Mega-Cap's Make Or Break Moment

Seeking Alpha·Bespoke Investment Group·about 1 month ago
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#source#chevron#alpha#past#late#breakout
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Summary

  • The Mag 7 put in a triple top this past fall and early this year before the more prolonged selloff from late January through late last month.
  • GOOGL has been in a tighter range over the past few days without the same clear breakout as AMZN saw.
  • MSFT has much further to go to reach its 200-DMA, leaving it in no-man's land between its 50- and 200-DMA.
  • While AVGO stock is up solidly since that prior report, its breakout almost appears to be a pump fake with a sizable gap down below previous highs this week.
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