Top 2 Stocks this week This week’s top stocks are none other than tech giants Apple Inc. and Microsoft Corporation.

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Invest in Reliable Tech Stocks
Apple stock is on the Rise
Microsoft Breakout Point Over $300

Invest in Reliable Tech Stocks

These recommended stocks have been selected from the Cycles Research Long-Short Equity Report,
a strategy that selects stocks based on cycles and relative strength.

The stocks featured below were derived from this screen.

First up is Apple Inc., which has been on a winning streak for years.
The company’s shares have surged nearly 60% over the past year,
fuelled by solid demand for its iPhones, iPads, and other products.

In addition, Apple has been investing heavily in modern technologies
such as augmented reality and autonomous driving, which could drive future growth.

Despite its recent success, Apple’s stock stays relatively cheap compared to its peers,
with a price-to-earnings ratio of just 28.5. Analysts expect the company to continue to perform well in the coming years,
which could make it a solid investment opportunity for those looking for stable and reliable tech stocks.

Next up is Microsoft Corporation, another tech behemoth that has been on a tear lately.

The company’s shares have risen nearly 50% over the past year, driven by strong demand for its cloud computing and Office software products.

Additionally, Microsoft has been making significant investments in artificial intelligence and other emerging technologies, which could drive future growth.

Apple stock is on the Rise

Apple Inc. (AAPL) has been on a steady rise, and technical analysis suggests even more growth is in store for the tech giant.

The stock has recently ascended out of a triangle formation, which is a bullish signal showing that the price could rise above $180.

Additionally, momentum shows a series of higher lows, and relative strength has been strong from the beginning of the year.

Apple’s stock has been on an upward trajectory for years, fuelled by solid demand for its iPhones, iPads, and other products.

The company’s focus on innovation and modern technologies has helped to solidify its position as a leader in the tech industry.
Investors have been bullish on the company’s prospects, and the stock has responded with steady gains.

Technical analysis is a tool used by traders to analyze price movements and find potential trading opportunities.

In the case of Apple, the recent breakout from the triangle formation is a signal that the stock could continue to rise in the near term.
The figure is characterized by a convergence of the stock’s highs and lows, forming a triangle shape on the chart. When the stock breaks out of formation, it usually signals a bullish trend.

In addition, momentum indicators show a series of higher lows, showing that the stock’s upward trend is gaining momentum.
This is a positive sign for traders looking to buy the stock, as it suggests that the trend is likely to continue.

Furthermore, relative strength has been strong from the beginning of the year, showing that Apple’s stock has been outperforming the broader market.
This is another good sign for investors, as it suggests that the stock has strong underlying fundamentals and is likely to continue to perform well in the future.

Microsoft Breakout Point Over $300

Microsoft Corporation (MSFT) is currently in a favorable position, both seasonally and in terms of relative strength.
From January 14th through May 9th, the stock rallied about 21% of the time, showing strong potential for growth during this period.
Additionally, the daily picture of the stock is currently constructive, with a breakout suggesting a price over $300, supported by favorable momentum indicators.

Microsoft is one of the world’s largest technology companies, with a focus on software, hardware, and cloud services.
The company has a long history of innovation and has consistently been at the forefront of the tech industry.
As such, it is no surprise that investors have been bullish on the stock for years, and it has seen steady gains over time.

Technical analysis is a tool used by traders to analyze price movements and find potential trading opportunities.

In the case of Microsoft, the favorable seasonal and relative strength positions, combined with the constructive daily picture, suggest that the stock has strong potential for growth in the near term.
The breakout from the current pattern implies a price over $300, which is a bullish signal for traders looking to buy the stock.

Additionally, momentum indicators are currently favorable for Microsoft, showing that the stock has strong underlying momentum that is likely to continue in the near term.

This is another positive sign for investors looking to buy the stock.

The Relative Strength Index (RSI) is currently above 50, showing that the stock is in a bullish zone.

The Moving Average Convergence Divergence (MACD) is also showing a bullish crossover, which suggests that the stock has more upside potential in the near term.

It is important to note that there are always risks associated with any investment, and Apple and Microsoft are no exception.

Top 2 Stocks this week

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