Technical Analysis and Outlook
The Microsoft finished off Mean Resistance 108.30 and poised to move higher by progressing to next Mean Resistance 111. Once the stock extends the leap by closing above given Mean Resistance, it would most likely extend mid-term bullishness. On the downside intermediate Mean Support 103.70 and Key Support 102 will be the target for the bears.
The Microsoft finished off Mean Resistance 108.30 and poised to move higher by progressing to next Mean Resistance 111. Once the stock extends the leap by closing above given Mean Resistance, it would most likely extend mid-term bullishness. On the downside intermediate Mean Support 103.70 and Key Support 102 will be the target for the bears.