Technical Analysis Of Microsoft Corporation
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Today’s instrument is Microsoft Corp.’s stock traded on the Nasdaq exchange under the ticker MSFT.
Looking at the MSFT’s chart, we can see that it was lastly traded at around $242.
Last night, after the US market closed, it announced the quarterly earnings with mixed signals. Today, we could expect a slight drop toward its support level at around $235, and if it is able to hold it above that level, then an upward reaction should be expected toward its closed price.
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