Microsoft Corporation, Daily Chart Analysis 10/29
Technical Analysis and Outlook
The Microsoft stock finished lower progressing from of Mean Resistance 108.30 and descending steadily to lower to Mean Support 102. The stock is not posed to perform any Dead-Cat-Bounce at this very bearish sentiment. However, in the event the stock extends the move by closing above given Mean Resistance 108.30, it would possibly extend mid-term bullishness to Mean Resistance 111.
The Microsoft stock finished lower progressing from of Mean Resistance 108.30 and descending steadily to lower to Mean Support 102. The stock is not posed to perform any Dead-Cat-Bounce at this very bearish sentiment. However, in the event the stock extends the move by closing above given Mean Resistance 108.30, it would possibly extend mid-term bullishness to Mean Resistance 111.