MSFT bouncing at support line of USD49 and reaching USD52

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MICROSOFT CORP (NASDAQ:MSFT)

NASDAQ:MSFT MICROSOFT CORP

msft microsoft

If support line of USD49 is reached but not broken shares will bounce. A realistic target in the short term would be USD52.... so, we are going from the bottom line of the envelope to the EMA10 as you can see in the chart. But we should be careful, RSI and MACD are not showing a clear sign here.

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