Microsoft starts recovering - Analysis - 20-09-2018

Microsoft's stock returned higher in the intraday levels, while settling above the pivotal support of 111.15, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the resistance of 117.30, as long as it settles above 111.15. 

Expected trend for today: Bullish