MSFT stock at $486.50 faces key level at $490. Bulls need to break it for $507+. Short interest stands at 58%.
The tokenized stock of Microsoft is currently trading at $486.50 and is experiencing a significant technical deadlock. For the bulls to gain momentum, they must surpass the key resistance level of $490.97, which could potentially push the stock price towards $507 or higher. However, short sellers currently hold a dominant position at 58%, adding to the uncertainty in the market.
