MSFT looks to retest 216

15 Eyl 2020

MSFT seems to have found support back at the ~$203.5 line since the Sept. 3rd pull back.This level has shown several instances of rejections/supports within the past month or so. Currently, multiple indicators (Stoch RSI, RSI, and MACD ) are showing the development of a possible run to retest the 216 resistance line although none have signaled a firm buy sign yet. Will be looking for to target $216 with a stop loss at $201.50.