Stock Of The Day: Will Microsoft Hang On?

Microsoft Corporation (NASDAQ:MSFT) shares are trading higher on Thursday and are at a critical level. If the shares can hold current support, they could start to work higher. But if the support breaks, a new downtrend may form.That is why Microsoft is the Stock of the Day. • What’s going on with MSFT stock today?As you can see on the chart, after selling off, Microsoft has found support around $445. This isn't a coincidence. There is support at this price because it had previously been resistance.Resistanc ...