Microsoft amid positive outlook - Analysis - 19-01-2018

Microsoft's stock (MSFT) inched down in the intraday levels, registering a loss of 0.04% in the last session, or 0.04 points, as the stock tries to gather momentum to help it rise anew while venting off overbought saturation in the RSI, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms. 

Therefore we expect the stock to return higher, as long as it settles above 89.60, targeting the resistance of 95.08.