Microsoft collects profits - Analysis - 25-06-2019

Economies.com
2019-06-25 14:33PM UTC

Microsoft's stock fell after the resistance of 138.83 held on, as traders collected recent profits while the stock vented off overbought saturation in the RSI, gathering momentum to help it attack that resistance. 

 

Therefore we expect the stock to rise as long as the support of 131.27 holds on, targeting the resistance of 138.83. 

 

Expected trend for today: Bullish  

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