Bullish Two Hundred Day Moving Average Cross - Microsoft
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Microsoft shares have crossed above their 200-day moving average, reaching a high of $426.44, indicating a potential bullish trend. The stock is up 1.8% on the day.
November 26, 2024 | 5:30 pm
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Microsoft shares have crossed above their 200-day moving average of $421.82, reaching a high of $426.44. This technical indicator suggests a potential bullish trend, with shares up 1.8% on the day.
Crossing above the 200-day moving average is a significant technical indicator that often suggests a bullish trend. The 1.8% increase in share price further supports this positive sentiment.
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