Microsoft amid positive outlook - Analysis - 23-12-2021

Economies.com
2021-12-23 10:11AM UTC

Microsoft's stock (MSFT) rose 1.81% in the last session, settling at 333.20, amid positive signals from the RSI after reaching oversold levels, amid the dominance of the main upward in the medium term, shaking off negative pressure from the 50-day SMA.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 343.70, provided the support of 317.90 holds on.

 

Expected trend for today: Bullish

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