$MSFT Microsoft Corporation Stock Robo Analyst October 14 2020 #MSFT

Microsoft Corporation (MSFT) “On a long-term technical basis, the stock (MSFT) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 217.64 and 204.82. If the stock breaks down through support at 217.64 then it will probably continue lower to 204.82. The stock will meet resistance at 232.86 and 261.97. If the stock breaks up through resistance at 232.86 then it will probably continue higher to 261.97. The 200-day moving average is at 187.45. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (82.91), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”