Shares of Microsoft Corp., a global giant in the development and sale of operating systems and software for computers, are moving within a corrective trend at 240.00.
On the daily chart, the price is trying to consolidate within the uptrend and slightly increases within the corridor with dynamic boundaries 224.00–270.00.
On the four-hour chart, it is clear that the quotes failed to break the year's low of 214.00, and the "bullish" impulse entered them into the boundaries of the ascending channel. Growth prospects prevail, and consolidation above the local resistance level around 245.00 will further strengthen them.
Technical indicators confirm the possibility: the range of EMA fluctuations on the Alligator indicator is ready to expand upwards, and the histogram of the AO oscillator forms upward bars, rising in the sell zone.