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Microsoft higher on the day but testing key 100 day MA level

Microsoft higher on the day but testing key 100 day MA level
Microsoft shares are trading up $2.66 or 0.81% at $329.92. At that level, the share price is testing its 100-day moving average at $329.96. Getting above the 100 day moving average would increase the bullish bias for one of the leaders in the large-cap tech sector. It could also be a precursor for more momentum to the upside. Looking at the NASDAQ index, it is up 71.74 points or 0.53% at 13503.07. It's 100-day moving average is higher, however, at 13582.09. (See blue line on the daily chart be... Read More
Posted: Oct 9 2023, 19:14
Author Name: forexlive
Views: 112877

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