Microsoft doubles negative pressures - Analysis - 04-06-2019

Economies.com
2019-06-04 13:57PM UTC

Microsoft's stock fell and trespassed the support of the 50-day SMA, while hurt by piercing the main upward trend line recently, doubling the negative pressure, with negative signals from the RSI. 

 

Therefore we expect more losses for the stock, targeting the support of 115.78, as long as the resistance of 123.42 holds on. 

 

Expected trend for today: Bearish  

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