After breaking down the trend line its clear bearish pattern should drop to 131 then based on volume we can see it will extend to 123 -111 or bounced from there targeting new all time highs..
Indicators are all signalling a breakout is on the way in MSFT after consolidating since June.
MA support is strong.
Middle bollinger band no support.
Break above $142 bullish
Average analysts price target $155
Average analysts recommendation BUY
P/E ratio 27
Yield 1.47%
Short interest .61%
Company profile
Microsoft Corp. engages...
Microsoft with some choppy action over the past month. It definitely ended in an interesting spot on Friday providing a case for both the bull and bear side. Would wait to see what kind of trend develops before taking a bull or bear position.
Microsoft announced today the release of a new dual-screen phone that runs the Android operating system (as opposed to the old Windows phones, which were limited in terms of what apps you could get). Since the announcement, the stock has bounced to a new support level and broken a downward trend line that it formed over the last few days. It's just recovered from...
Previously, the mounting of U.S. tech stocks was recorded. The gains in Apple, Microsoft, and Merck & Co occurred when investors set aside doubts regarding the U.S.-China trade dispute.
Shares of Apple Inc grew 2.4%. The increase was after sales of the company’s newest iPhones were off to a robust start. The information was according to Chief Executive Officer...
Check all indicators keep falling which indicate weakness for coming trading session . its broke recent uptrend twice and closed above it if open Monday lower than trend line will be nice signal to short selling targeting 131
MSFT is currently in a Wave C of Wave B. The Wave C that will follow should be a decent short opportunity. Then I expect MSFT to begin heading up, longer term picture.
