Hello, Traders! Monfex is at your service and today we overview Microsoft .
Last Friday, the Pentagon selected Microsoft as the winner of its winner-takes-all cloud contract, which could be valued as high as 10B. The Global 2000: The World’s Best Employers List consists of 500 companies. In the second place - Microsoft !
A Flat top triangle pattern was broken and the price is over the resistance zone with a bullish formation and it's a good buy signal. Bulls dominance. The target is 127% Fibonacci.
The target zone ~ $155
The local support zone ~ $142-142.5
The support zone ~ $136-137
Market Cap 1096.412B
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Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.