Microsoft Corp. has earned praise for its successful pivot from desktop computing to cloud computing.
As such, MSFT stock has risen as result.
Microsoft Corporation (MSFT) has recently seen a 10% correction/uptrend over the long term. Particularly, yesterday the price bounced from a strong support 100 EMA level and formed a bull configuration.
If the price level continues its upward movement, it is very possible that we will see again the highs of $263 per share or even be looking at new all-time highs.
As such, MSFT stock has risen as result.
Microsoft Corporation (MSFT) has recently seen a 10% correction/uptrend over the long term. Particularly, yesterday the price bounced from a strong support 100 EMA level and formed a bull configuration.
If the price level continues its upward movement, it is very possible that we will see again the highs of $263 per share or even be looking at new all-time highs.