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 (MSFT) rallied 3.65% in the last session, shaking off negative pressure from the 50-day SMA, with positive signals from the RSI, amid the dominance of the main upward trend in the medium term.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 232.56, provided it holds above 216.78.
Expected trend for today: Bullish