Microsoft surrounded with positive signals - Analysis - 20-08-2019

Microsoft's stock rose in the intraday levels with positive support from the 50-day SMA, coupled with positive signals from the RSI, amid the dominance of the main upward trend in the medium and short terms. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 141.50, as long as the support of 131.30 holds on. 

Expected trend for today: Bullish