Microsoft in Rally Celebrates Credit Suisse Upgrade

The decision of Credit Suisse analysts to start the hedge with an “outperform” judgment contributed to assisting the stock of the technology giant.

On a weekly basis, the stock’s trend is more solid than that of the Dow Jones. At the moment, therefore, the appeal of investors is directed more decisively to the American IT giant than the benchmark index.

The short-term implications of Microsoft underline the evolution of the positive phase in the test of the USD 342.2 resistance area. A descent to the bottom 337.2 is possible. A strengthening of the curve is expected to test new targets 347.3.

Reviewer overview

Microsoft in Rally Celebrates Credit Suisse Upgrade - /10

Summary

The decision of Credit Suisse analysts to start the hedge with an "outperform" judgment contributed to assisting the stock of the technology giant.

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