Stocks This Week: Buy Apple And Microsoft

News Room
1 Min Read

These recommended stocks have been selected from the Cycles Research Long-Short Equity Report. This strategy selects stocks based upon cycles and relative strength. The stocks featured below were derived from this screen. The stocks also show technical strength and have entered favorable phases in their respective price cycles.

Apple
AAPL
has ascended out of a triangle formation, projecting a price over $180. Momentum shows a series of higher lows and relative strength has been strong from the beginning of the year. The daily cycle is supportive. The last sell signal failed, a positive development, and a buy signal is imminent.

Apple Daily Graph

Apple Daily Cycle

Microsoft
MSFT
is also in a favorable seasonal and relative strength position. From April 14th through July 17th, the stock has rallied about 73% of the time. The daily picture below is a constructive one. The breakout implies a price over $300, supported by favorable momentum. The weekly cycle has turned up.

Microsoft Daily Graph

Microsoft Weekly Cycle

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