If This Stock Falls, A Lot Could Go Down With It

Hey , This week the stock I want to focus on is Microsoft (MSFT). I’ve previously warned that Microsoft could follow the steps of other tech giants and fall significantly in the upcoming weeks. If you look at other big tech companies, you’ll see a pattern forming. For example, Google is down roughly 15% and Amazon is down about 30% just in the last month. And these downward trends are just getting started. Microsoft has a lot of room to fall if the conditions are right. It’s down less than 10% in the past month and even though it’s technically in correction territory, it has yet to break below some important horizontal support. [Image]( If you look at the chart, this recent downward movement is barely a blip when compared to the huge amount of growth it has had recently. But let’s also put this into perspective… If Microsoft falls, it’s going to take a lot of things down with it. One of the reasons why it’s important to watch this one is because a number of ETFs are heavily invested in it. [If Microsoft starts to fall significantly, it could be an early warning sign for the broader market, - Know exactly where the trend is going by CLICKING THIS LINK.]( Market Rover is bearish on this one right now, but if it fails to break support we could see a big turn around. Nobody knows when this correction will end, and that’s why it’s important to know when a trend is ending and when a new one is beginning. Stop guessing about when this thing might end and get answers [HERE](. Trust me, you don’t want to get “stuck” when this thing changes course. [Serge Berger](mailto:support@thesteadytrader.com) Sincerely, Serge Berger support@thesteadytrader.com RISK DISCLAIMER: Day trading, short term trading, options trading, and futures trading are extremely risky undertakings. They generally are not appropriate for someone with limited capital, little or no trading experience, and/ or a low tolerance for risk. Never execute a trade unless you can afford to and are prepared to lose your entire investment. All trading operations involve serious risks, and you can lose your entire investment. “The Steady Trader” (“TST”) is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of 'TST' are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. 8461 Lake Worth Road, Suite 453 Lake Worth Florida 33467 USA [Unsubscribe]( | [Change Subscriber Options](