#Microsoft may correct after strong overbought

Microsoft's shares may face a correction. Following strong financial performance, driven by its cloud services, the stock reached a Relative Strength Index (RSI) of 78.4, surpassing the threshold of 70 that indicates overbought conditions.

This technical indicator suggests that the recent rise may be unsustainable, making the stock vulnerable to a short-term decline. This scenario occurs in a context of economic uncertainty and declines in the major U.S. stock indexes, prompting investors to remain vigilant about market movements.

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