20 year old platform UK FCA/Australian ASIC dual regulatory ultra-low point difference as low as 0.6 in Europe and America

Just a few days ago, Microsoft confirmed its acquisition of Bethesda for $7.5 billion. It now appears that a company founded by Bill Gates and Paul Allen, currently led by Satya Nadella, is determined to acquire the popular communication platform Discord.

Discord has over 140 million active users, a significant increase during the pandemic. Although the dialogue is only preliminary, there seems to be strong strength as this new acquisition will expand its latest acquisition, thereby enhancing its video gaming and business communication services.

Technically speaking, driven by the Nasdaq crash and the recent decline in technology stocks, Microsoft is trading in a triangular pattern close to its previous resistance level, which is currently the main support for the lower trend line of this pattern.

If prices try to maintain these levels and break through the upper limit of the triangle, we cannot rule out seeking new upward momentum from previous highs. On the contrary, losing this level may further correct its moving average of 200 trading days, thereby achieving the price target formed by the triangle.

In yesterday's trading, Microsoft's stock price rose 2.45% to close at $235.95. Currently, it was positive before the opening, with a slight increase of 0.25%. Therefore, we must pay attention to the acceptance of this possible operation among investors.

Microsoft's stock price changes in the past 5 years:

2020: 41.04%

2019: 55.26%

2018: 18.74%

2017: 37.66%

2016: 12%

Through your Admiral Markets Trade.MT5 account, you can trade Microsoft's CFD and over 3000 stocks! Contracts for differences allow traders to try to profit from bull and bear markets and leverage