Microsoft Corp (US: MSFT) has been on a steady rise since mid-March 2020. Based on the technicals, we are expecting the bull to resume its upside after a period of consolidation.
*The technical call is valid for 3 weeks only.
*In the event should price reverse, the support at $180.05 will be the last support level. Invalidating it will see price heading towards $165.00
CHART LEGENDS
Moving average
Red dotted line = 200 day period moving average
Blue dotted line = 50 day period moving average
Green dotted line = 22 Day Period Moving average