Microsoft attacks pivotal resistance - Analysis - 16-09-2021

2021-09-16 12:00:04 GMT (Economies.com)
 

Microsoft's stock (MSFT) rose 1.68% the last session while tackling the pivotal resistance of 305.35, settling at 304.82, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the resistance of 320.00, provided the resistance of 305.00 was breached. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1622
0.0011
0.0956%
1.3773
0.0034
0.2464%
Tadawul
11873.70
27.77
0.23%
24.448
1.135
4.866%
84.635
1.289
1.547%
86.17
0.65
0.76%
1801.835
32.095
1.813%
 
 
News Today