New York (April 9th, 2013) -Microsoft Corporation (NASDAQ: MSFT) traded in the range of $28.69 and $29.72 during its latest trading session. The stock had opened at $28.70 and is at $29.63, up 3.64 percent from its previous close of $28.59. Microsoft recorded the volume of 37.852 million shares. Its average daily trading volume stands at 45.225 million shares.
Its MACD chart shows bullish trend and the stock may go as high as $29.95 in the coming sessions. Its first support level stands at $29.05, breaching this level, the stock may tumble to $28.80. Microsoft stock is trading above its very short term SMA price of $29.53.
Intel Corporation (NASDAQ: INTC) stock is at $21.70, up 2.87 percent from its previous close of $21.09. The stock opened the session at $21.12 and touched its highest price point at $21.73. Intel stock’s lowest price point for the session stood at $21.06. The stock is likely to maintain its bullish trend in the near term and medium term. Intel stock may touch $22.06 level in the coming trading sessions.
On the downside, the stock has support at $21.45. It is also trading above its short term and medium term SMA price of $21.65 and $21.59 respectively, confirming bullish trend.
Find out if INTC could maintain the momentum here: http://www.wallstreetreport.net/market-scan/?symbol=INTC