Microsoft Corporation, Daily Chart Analysis 10/4
Stock Analysis, Implications and Outlook
Microsoft stock rosed 0.02% in the Wednesday trading session, closing at $115.17. The stock price has risen steadily over since Sept 24 and is up by 3.11% over the last two weeks.
MSFT stock holds a sell (exit positions) from a short-term perspective due to completing outer Stock Rally $116.30. On the correction side, there is currently relatively weak Key Resistance $115.60, which could offer shorts exit points: Mean Support $113.90, 111.70 and very significant Key Support $108.20.
The MSFT stock is generally traded at a high volume, together with small daily changes, the risk level is recognized as low to modest for either short-term oriented longs or shorts.
Microsoft stock rosed 0.02% in the Wednesday trading session, closing at $115.17. The stock price has risen steadily over since Sept 24 and is up by 3.11% over the last two weeks.
MSFT stock holds a sell (exit positions) from a short-term perspective due to completing outer Stock Rally $116.30. On the correction side, there is currently relatively weak Key Resistance $115.60, which could offer shorts exit points: Mean Support $113.90, 111.70 and very significant Key Support $108.20.
The MSFT stock is generally traded at a high volume, together with small daily changes, the risk level is recognized as low to modest for either short-term oriented longs or shorts.