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Microsoft Pushes Towards $550 as Momentum Continues

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MSFT
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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.

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