Microsoft (NASDAQ:MSFT) UP 2.48% AT 242.35
Microsoft Corp said on Thursday it has resolved an issue with its Microsoft (NASDAQ:MSFT) 365 services and features, including workplace messaging app Teams and Azure, after many users were unable to access them.
Microsoft said in its status page that the Domain Name System (DNS) issue was resolved and that all Microsoft 365 services had returned to a healthy state.
DNS is effectively an address book of the internet which enables computers to match website addresses with the correct server.
Earlier, outage tracking website Down detector showed over 8,000 incidents of people reporting issues with its widely-used Team’s workplace messaging app.
Down detector only tracks outages by collating status reports from a series of sources, including user-submitted errors on its platform.
On technical fronts Microsoft (NASDAQ:MSFT) RSI stood at 59.05 and currently stock is trading Above all Moving Averages. So, BUY position can be taken with following target and stoploss.
TRADE SIGNAL -: Microsoft (NASDAQ:MSFT) – BUY: 242.36, TARGET: 243.87, STOP LOSS: 240.68