American Stocks Analysis

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 surrounded with negative pressures - Analysis - 14-09-2020

Economies.com
2020-09-14 11:44AM UTC

Microsoft's stock fell 0.65% in the last session while hurt by exiting an ascending price channel that guided recent trading, with negative pressure from the 50-day SMA despite reaching oversold levels. 

 

Therefore we expect more losses for the stock, targeting the support of 190.57, provided the support of 203.89 was breached. 

 

Expected trend for today: Bearish

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