Microsoft's most recent trend suggests a bearish bias. One trading opportunity on Microsoft is a Bear Call Spread using a strike $305.00 short call and a strike $310.00 long call offers a potential 29.53% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $305.00 by expiration. The full premium credit of $1.14 would be kept by the premium seller. The risk of $3.86 would be incurred if the stock rose above the $310.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Microsoft is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Microsoft is bullish.
The RSI indicator is at 60.79 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Microsoft
Okta's Long-Term Prospects Keep Getting Better
Sun, 05 Sep 2021 17:15:34 +0000
Okta's (NASDAQ: OKTA) second-quarter earnings report came out Wednesday night. This report gave investors the first update since the company's $6.5 billion acquisition of Auth0 closed on May 3, just a few days after the quarter began. While some investors seemed skeptical of the all-stock deal, especially given its hefty price tag, the second-quarter results show that the deal is priming Okta for long-term growth.
New Investor? Here Are 3 Great Starter Stocks
Sun, 05 Sep 2021 15:49:00 +0000
It can be difficult to know where to start in choosing stocks for your investment portfolio. Three stocks that hit these criteria are Microsoft (NASDAQ: MSFT), Facebook (NASDAQ: FB), and DocuSign (NASDAQ: DOCU). There are many reasons to add the ubiquitous software-as-a-service giant Microsoft to your portfolio.
UPDATE 1-Tech giants seek meeting with new Malaysian PM on foreign ship cable waiver
Sat, 04 Sep 2021 07:56:03 +0000
Facebook, Google, Microsoft and Amazon are seeking to meet Malaysia's prime minister to ask that foreign vessels be allowed to repair undersea cables in its waters, a Google spokesperson said on Saturday. The tech giants sent a letter on Wednesday to the office of the new premier, Ismail Sabri Yaakob, to discuss Malaysia's cabotage policy, seeking the reinstatement of an exemption revoked last year under the previous government, said the spokesperson for Alphabet Inc's Google.
Tech giants seek meeting with new Malaysian PM on foreign ship cable waiver
Sat, 04 Sep 2021 06:01:28 +0000
Facebook, Google, Microsoft and Amazon are seeking to meet Malaysia's prime minister to ask that foreign vessels be allowed to repair undersea cables in its waters, a Google spokesperson said on Saturday. The tech giants sent a letter on Wednesday to the office of the new premier, Ismail Sabri Yaakob, to discuss Malaysia's cabotage policy, seeking the reinstatement of an exemption revoked last year under the previous government, said the spokesperson for Alphabet Inc's Google.
5 Best Tech Stocks To Buy Or Watch Now: DocuSign Soars On Earnings, But Is It A Buy Now?
Fri, 03 Sep 2021 14:55:29 +0000
The software sector is home to many of the best tech stocks to buy or watch, thanks to strong price performance and top fundamentals.
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