Microsoft returns higher - Analysis - 22-11-2021

Microsoft's stock (MSFT) returned higher with a 1.09% in the last session, confirming the breach of the pivotal resistance of 305.35, amid the dominance of the main upward trend in the medium and short terms, with positive support 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 first resistance at 320.00, provided it settles above 305.35. 

Expected trend for today: Bullish