Moreover, the level of the gaining ground performance of binary MSFT is reflected by the fact that the current prices of Microsoft stock are above its range of MA – 50 ($29.77) and MA – 200 ($29.08).
The biggest question for binary traders is whether the recovery of Microsoft will continue and if that is the case what the degree of share price elevation will be. There are some indication that stock appreciation could continue. For instance, at the beginning of the month Microsoft launched the new version of Windows, Windows 8. Holders of Windows 7 could pay and update their softwares as well.
The new Windows introduction without any doubt would be major drive force for the prices of binary MSFT.
On the other side, some treats are facing the intenernet giant and this is seen in the stock price of Microsoft in the last 2 days, when some downwards pressures took place. Toshiba (TOSBF.PK) has joined H-P in its cancelling plans to sell a Windows RT (MSFT) tablet. Toshiba announced that might focus on Intel-based Windows 8 Pro systems for now.
Presently, Toshiba holds a big portion of the PC market and these news are not defenetely not positive for Microsoft Corporation.
- Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions.
- CEO – Steve Ballmer
The information in this analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument.