Microsoft stages tactical decline - Analysis - 11-12-2019

Economies.com
2019-12-11 11:54AM UTC

Microsoft's stock inched down 0.15% in the last session while gathering momentum to tackle the resistance of 152.41, amid the dominance of the main upward trend, with positive support from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect the stock to rise and breach the resistance of 152.41, targeting the next one at 156.00. 

 

Expected trend for today: Bullish 

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