When Microsoft peaked at 349.67 on Nov. 22, 2021, the reversal from new highs in heavy volume didn't look that nasty. Plus, a momentum gauge, known as the relative strength index (RSI), may have helped investors decide to lock in profits after Microsoft's valiant rally from the ashes of the 2020 coronavirus bear market. On Nov. 22, 2021, Microsoft stock turned a 1.9% early gain into a 1% loss by day's end. Read More...
When Microsoft peaked at 349.67 on Nov. 22, 2021, the reversal from new highs in heavy volume didn’t look that nasty. Plus, a momentum gauge, known as the relative strength index (RSI), may have helped investors decide to lock in profits after Microsoft’s valiant rally from the ashes of the 2020 coronavirus bear market. On Nov. 22, 2021, Microsoft stock turned a 1.9% early gain into a 1% loss by day’s end.
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