MSFT vs AAPL .. the great rotation

MSFT / AAPL – note, long term LOG scale and it appears that MSFT (from a relative strength perspective) has broken out this month …

now, this does not mean that the MSFT stock won’t go down – it simply means – from a relative strength perspective – it appears that MSFT is the ‘stronger’ of the two.  If you notice, they both reign supreme for about 10 years and then one outperforms the other.

also, note, since 2012 we have been stair stepping our way UP (higher bottoms) culminating in a nice breakout this month … again, these are MONTHLY candles.

will be interesting to see how this plays out …

Bart

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART