Microsoft Pushes Towards $550 as Momentum Continues
Microsoft has staged a strong recovery from its July lows, breaking above key resistance levels and pushing towards $550.
The stock's rising 20-day moving average indicates improving short-term strength, while two recent One Good Trend (1GT) Bullish signals mark the shift in momentum.
With $500 now an important support level, a sustained hold above it could keep the bullish momentum intact and drive Microsoft towards its next major resistance at $550.