Microsoft (MSFT) Price Target Raised Alert, Watch for 56.1% Technical Uptrend Continuation
Oct 26, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Company: Microsoft Corp. (MSFT)
Microsoft (NASDAQ:MSFT) target raised to $33.50 from $30 at Auriga. The stock closed Friday at $28.02 on volume of 281,712,000 shares, above average daily volume of 59,723,752.
Microsoft is currently above its 50-day moving average of $25.14 and above its 200-day moving average of $21.48.
SmarTrend is bullish on shares of MSFT and our subscribers received an Uptrend alert on March 23, 2009 at $17.95, which has returned 56.1% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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News Provided by COMTEX
Company: Microsoft Corp. (MSFT)
Related terms: market, nasdaq, securities
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