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Microsoft Corp (MSFT) Breaks Through Resistance at $94.03

By James Quinn

Shares of Microsoft Corp (NASDAQ:MSFT) opened today above their pivot of $93.23 and have already reached the first level of resistance at $94.03. Investors may be interested in a cross of the next upside pivot targets of $94.97 and $96.71.

Potential upside of 0.0% exists for Microsoft Corp, based on a current level of $0.00 and analysts' average consensus price target of $103.26. The stock should run into initial resistance at its 200-day moving average (MA) of $50.70 and subsequent resistance at its 50-day MA of $53.28.

In the past 52 weeks, shares of Microsoft Corp have traded between the current low of $0.00 and a high of $97.24 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.13% higher and 0.25% lower over the past week, respectively.

SmarTrend is tracking the current trend status for Microsoft Corp and will alert subscribers who have MSFT in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts microsoft corp

Ticker(s): MSFT