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 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