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Chart Talks: Could Microsoft's shares hit a new all-time high?
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- $Microsoft (MSFT.US)$ shares have gained more than 35% YTD, still maintaining a distance of about 5% from its all-time high. The most signi Show More
- $Microsoft (MSFT.US)$ shares have gained more than 35% YTD, still maintaining a distance of about 5% from its all-time high. The most significant reason for the bullish might be the ChatGPT-driven artificial intelligence hype.
- According to Business Insider, the bubble in AI stocks has not yet inflated. The current growth is being provided by "institutions", leaving potential for further growth as retail investors become more active in this direction.
- According to a survey by the Wall Street Journal, only 1 out of 51 analysts recommended selling Microsoft stock. The average price target for Microsoft stock is about $340, but given the hype, it could be raised.

Technical analysis view
1) What signals do you read from Microsoft's current price chart?
2) How long do you think Microsoft's rally will continue?
3) Do you think there is a bubble in Microsoft's current price?

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Participation Award: 200 points for every mooer who publish analysis on the above event.
*Try to use chart tools (drawing tools, indicators) assist your analysis
and improve your chances of winning!
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