Watch These Microsoft Price Levels as Stock Closes Above $500 for First Time
Key Takeaways
- Microsoft shares hit another record high on Wednesday as the tech giant’s market capitalization moves closer to $4 trillion.
- After bottoming out near the 200-week moving average in early April, Microsoft shares have remained in a strong uptrend, gaining in 12 of the past 14 weeks.
- Bars Pattern analysis forecasts a potential bullish target of around $565 and indicates the current move higher may last until early September.
- Investors should watch crucial support levels on Microsoft’s chart near $468 and $425.
Microsoft (MSFT) shares hit another record high on Wednesday as the tech giant’s market capitalization moves closer to $4 trillion.
The company’s market cap trails only that of Nvidia (NVDA), which briefly…
