Microsoft advances as bulls target $400

Microsoft advances as bulls target $400
Microsoft trades higher; $390 support remains key

​Microsoft Corp. shares continue to show a moderately positive tone. During the latest trading session, resistance around $394.00 was tested, although the session closed below that level. At the same time, steady demand remains in place near $390.00.

In today’s premarket trading, MSFT stock is quoted around $397.00, pointing to a constructive outlook. In the coming sessions, the price may advance toward the $400.00-$405.00 area.

A loss of support near $390.00 would increase pressure and could lead to a decline toward the $386.00-$380.00 zone, where buying interest is likely to re-emerge.

Geopolitical risks may continue to weigh on stock market performance, but in the longer term Microsoft shares are likely to remain within an upward trend.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.