Microsoft rises alongside the upward trend line - Analysis - 23-05-2019

Microsoft's stock rose 0.61% in the last session, while trading alongside the main upward trend line in the short term, with positive support from the 50-day SMA, countered by negative signals from the RSI. 

Therefore we expect more gains for the stock, as long as the support of 123.40 holds on, targeting the resistance of 130.80. 

Expected trend for today: Bullish