Stock has had a lovely reset and the RSI and MACD both signal upside momentum, MSFT has been the most resolute of they big tech companies with a stable price structure throughout 2019. We see $152 as a nice short term target for the price while market strength continues, one possibility is that as AMZN and GOOGL start to run higher MSFT may be used as a cash machine to enter those trades.
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Disclaimer
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.