Microsoft Corporation (MSFT) “On a long-term technical basis, the stock (MSFT) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 162.16 and 152.50. If the stock breaks down through support at 162.16 then it will probably continue lower to 152.50. The stock will meet resistance at 190.75 and 209.69. If the stock breaks up through resistance at 190.75 then it will probably continue higher to 209.69. The 200-day moving average is at 142.92. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (91.00).”

Microsoft Corporation (MSFT) “On a long-term technical basis, the stock (MSFT) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 161.52 and 152.50. If the stock breaks down through support at 161.52 then it will probably continue lower to 152.50. The stock will meet resistance at 188.88 and 209.69. If the stock breaks up through resistance at 188.88 then it will probably continue higher to 209.69. The 200-day moving average is at 142.64. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (92.57).”