Shares of Microsoft Corp (NASDAQ: MSFT) declined last week, but remained within range of their 1999 peak as investors continued to rally behind the company’s second quarter earnings beat.
The Redmond, Washington-based technology giant closed at $57.62 Friday, having declined 0.6% for the week. For the month of August, the company’s value has increased 1.8%.
iBrokers we are short on MSFT but careful with risk of breaking to the upper side of recent highs. See chart for Resistance
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.