REDMOND, WA – Microsoft Corp (MSFT) stock delivered a powerful performance on July 3rd, closing with a significant gain and briefly touching the critical $500 milestone, setting a bullish tone for the week ahead. While minor profit-taking was seen in after-hours, the dominant momentum suggests that investors are poised to test all-time highs on Monday.
The tech behemoth closed the official trading session at
7.75 (1.58%). The day was characterized by strong buying pressure right from the open. The stock gapped up to start the day at $493.81, well above the previous close of
500.13**.
This brush with the
0.84 (0.17%)** to $498.00, a move largely seen as insignificant profit-taking after a very strong day.
Today’s Key Trading Data for Microsoft (MSFT):
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Closing Price: $498.84
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Day’s Change: +$7.75 (1.58%)
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After-Hours Price: $498.00 (down 0.17%)
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Day’s High: $500.13
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Day’s Low: $493.44
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52-Week High: $500.76
Analysis for Monday: Should You Invest?
The technical picture for Microsoft stock is overwhelmingly bullish heading into Monday’s session. Here’s what traders should be focusing on:
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The $500 Resistance Test: The most important factor is the stock’s proximity to its 52-week high of $500.76. Having already touched $500.13, the stock has shown it has the strength to reach this level. A sustained move above $500.76 on Monday would signal a major breakout and could lead to further upside.
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Strong Underlying Momentum: Unlike stocks that show late-day weakness, Microsoft’s strength was established early and maintained. The afternoon’s sideways trading on high volume is indicative of healthy consolidation, not a reversal. Buyers are absorbing shares near the highs.
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Minimal After-Hours Impact: The small 0.17% drop in after-hours trading is minor consolidation and does not negate the powerful 1.58% gain during the main session. It does not signal the same bearish pressure as a more significant after-hours sell-off.
For traders considering an investment, Microsoft stock presents a compelling bullish case. The momentum is clearly positive, and the stock is knocking on the door of new all-time highs. An investment at these levels is a bet on a breakout. A prudent strategy for Monday would be to watch for a definitive break and close above the $500.76 resistance level. A successful move through this barrier would confirm the bullish trend and could present a prime opportunity to invest.
Disclaimer: This article is for informational purposes only and is based on an analysis of past stock performance. It should not be considered financial advice. All investing involves risk, and you should conduct your own research before making any investment decisions.
