Microsoft shares are buying and selling up $2.66 or 0.81% at $329.92. At that level, the share worth is testing its 100-day shifting common at $329.96. Getting above the 100 day shifting common would enhance the bullish bias for certainly one of the leaders in the large-cap tech sector. It is also a precursor for extra momentum to the upside.
Looking at the NASDAQ index, it’s up 71.74 factors or 0.53% at 13503.07. It’s 100-day shifting common is higher, nevertheless, at 13582.09. (See blue line on the every day chart beneath).
Of observe is the worth gapped beneath the 100-day shifting common again on September 21. The worth has not been above that shifting common since then. Getting again above that shifting common would enhance the bullish bias for the general tech market.
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