Microsoft pierces pivotal resistance - Analysis - 06-04-2021
2021-04-06 12:06:25 GMT
(Economies.com)
Microsoft's stock (MSFT) rallied 2.77% in the last session while piercing the pivotal resistance of 246.30, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, targeting the resistance of 260.00, provided it holds above 246.30.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1979
|
0.0068
|
0.5671%
|
|
|
|
|
1.3778
|
0.0030
|
0.2208%
|
|
|
|
Tadawul
|
9847.62
|
27.59
|
0.28%
|
|
|
|
|
25.425
|
0.331
|
1.317%
|
|
|
|
|
62.881
|
2.491
|
4.125%
|
|
|
|
|
66.40
|
2.74
|
4.30%
|
|
|
|
|
1736.935
|
-0.000
|
0.000%
|
|
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