Microsoft reverses higher - Analysis - 28-05-2020
2020-05-28 12:25:57 GMT
(Economies.com)
Microsoft's stock reversed higher away from a session-low at 176.54, marking a 0.13% profit, amid the dominance of the upward short-term trend, with positive support from the 50-day SMA, countered with negative signals from the RSI.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 190.70, provided the support of 174.42.
Expected trend for today: Bullish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1303
|
-0.0028
|
0.2489%
|
|
|
|
|
1.2629
|
0.0122
|
0.9751%
|
|
|
|
Tadawul
|
7416.67
|
22.41
|
0.30%
|
|
|
|
|
18.672
|
0.325
|
1.772%
|
|
|
|
|
40.030
|
-0.205
|
0.509%
|
|
|
|
|
42.91
|
0.56
|
1.32%
|
|
|
|
|
1794.850
|
8.865
|
0.496%
|
|
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