Microsoft Sharply Higher

Microsoft

shares are trading higher $1.76 at $52.11 in Friday's session. The issue is now over $3 higher than its low that was on Wednesday at $49.10. After a higher open,it retreated only $0.15 before resuming its move higher. So far, it has reached $52.33 and is not far off that level. Based on the daily charts, the next major resistance level on the daily charts does come in until its January 14 high of $53,42,