Microsoft marches higher - Analysis - 13-03-2018

Microsoft's stock (MSFT) kept rising in the intraday levels, scoring a fresh profit of 0.24% in the last session, or 0.23 points, and confirming the breach of the 96.07 pivotal resistance, 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 Relative Strength Index. 

Therefore we expect more gains for the stock, as long as it settles above 96.07, targeting the next resistance at 103.89.