Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Microsoft's stock rose 0.70% in the last session amid the dominance of the main upward trend in the medium and short terms, with pressure from the 50-day SMA, countered by negative signals from the RSI after reaching overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 226.22, provided the support of 206.05 holds on.
Expected trend for today: Bullish