Microsoft Corporation (MSFT) – stock is trading around $143.72 dollars as of November, 04, 2019 and offering a possible buying price between $142.47 – $149.59. Let’s look at the stocks technical actions using a weekly chart.
2. The stock witnessed a washout week back in early June and also staged a breakout at that time.
3. The stock made a quick and decent run after that.
4. Then the stock went into a long and sideways consolidation.
5. The stock also lost the 50 day moving average support during the consolidation.
6. But, it regained that support line lately.
7. The stock is offering possible buying price between $142.47 – $149.59, with a stop loss at $131.07.
This stock is already part of the Stocks Above 100 Dollars pick and performance will be tracked here .
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