MICROSOFT: Small Correction

MICROSOFT, Daily

In the Daily timeframe, #MICROSOFT took off sharply after the report release and reached the global trendline. However, the price crossed the upper Bollinger line, and the RSI and %R show a big overbought. There is also a gap at the bottom, which makes a small correction possible.

• We consider selling #MICROSOFT on a bounce from the trend line with a target to 415.00;