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  1. Home
  2. / Investing

Microsoft Has the Power to Take the Averages Higher

Shares of MSFT do not look extended so traders should not wait for a correction to go long or add to longs.
By BRUCE KAMICH
Dec 26, 2019 | 02:30 PM EST
Stocks quotes in this article: MSFT
Microsoft Corp(MSFT) is still headed higherAn examination of the charts and indicators suggests that prices can move still higher in the weeks and months ahead.     In this daily bar chart of MSFT, below, we can see that prices are above the rising 50-day simple moving average line and above the positively sloped 200-day moving average line  The t...
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