Fox news Gasparino: MSFT will be looking at TikTok if Oracle deal falls through

Author: Greg Michalowski | Category: News

Fox's Gasparino sites banking sources

Fox's Charlie Gasparino is tweeting that MSFT could make another run at TikTok if the Oracle deal falls through. 

Fox's Gasparino sites banking sources_MSFT traded below its 100 hour moving average at $241.88 as the pair consolidates near the all time highs over the last few weeks.  The current price is trading just above the $241 level. That is still below the 100 hour moving average (blue line in the chart below).

MSFT on the hourly chart

President Trump approved of a TikTok deal with Oracle back on September 20 when ORCL shares are trading around $61. They currently trade just above that level at $61.72 after trading as low as $55.14 in October and as high as $66.20 in December.
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