Microsoft Still Trading Below the 200 EMA – Blue Chip StockMicrosoft CorporationBATS:MSFTJP9X Microsoft (MSFT) is one of the names I’ve been talking and following closely since April. already closed some short term positions with good profit, from my April trades. and my longer-term leaps are up over 100%. After the recent pullback, I’m seeing another opportunity to buy. The stock is currently trading below the 200 EMA. For a quality blue chip like Microsoft, buying below this moving average has historically been a solid zone for medium to long-term entries. Overall, Microsoft remains one of the strongest companies in tech with excellent fundamentals, Azure cloud growth, and AI tailwinds. Wall Street analysts have a strong consensus of “Buy” with an average price target around $560–$570 for the next 12-18 months (roughly 30-32% upside from current levels) I see this name pushing toward $500+ by the end of this year or early next. I’m hunting for a small bottom in the next few days to add new options positions for the long term. Just sharing what I’m seeing. Always do your own research. This is not financial advice. NFA. Jp