(Finance) – He timidly lengthens his pace Microsoftwhich trades with a modest gain of 0.74%.
The FTC (Federal Trade Commission) request to consider an injunction was granted by a US judge who blocked, at least for the time being, Microsoft’s record acquisition of Activision-Blizzard for 69 billion dollars.
A two-day hearing with the parties involved will be held in San Francisco on June 22-23, while the actual trial will begin on August 2.
The one-week trend of American computer giant is more sluggish than the trend of Dow Jones. Such decline could trigger opportunities for the market to sell the stock.
Technically, Microsoft it is in a strengthening phase with a resistance area seen at USD 339.3, while the most immediate support can be seen at USD 333.9. At an operational level, a continuation of the session under the banner of the bull is expected with resistance seen at 344.8.