Hello, Traders! Monfex is at your service and today we overview Microsoft .
Last Friday, the Pentagon selected Microsoft as the winner of its winner-takes-all cloud contract, which could be valued as high as 10B. The Global 2000: The World’s Best Employers List consists of 500 companies. In the second place - Microsoft !
A Flat top triangle pattern was broken and the price is over the resistance zone with a bullish formation and it's a good buy signal. Bulls dominance. The target is 127% Fibonacci.
The target zone ~ $155
The local support zone ~ $142-142.5
The support zone ~ $136-137
Market Cap 1096.412B
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