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MSFT next target is $500 but....

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#MSFT is currently in #overbought territory, which may cause the price to #temporarily decline to the $425–$445 range.

The chart indicates the price is moving between two #inner trendlines.

However, MSFT has broken out of the bearish trend ( ran out of the fear), with the next potential targets at $500 and, later, $600.

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