The breakout of Microsoft Corporation through the 213.51 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Microsoft Corporation to test 205.86 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
V is approaching 338.0450. We expect either a breakout through this line, or a rebound.
V is approaching a resistance line at 338.0450. If it hits the resistance line, it may break through…
NVDA – approaching a resistance line that has been previously tested at least twice in the past
NVDA was identified at around 183.45 having recently rebounded of the support on the 1 hour data interval.…
After testing 509.4850 numerous times, MSFT is once again approaching this price point. Can we expect a bearish trend to follow?
MSFT is moving towards a line of 509.4850 which it has tested numerous times in the past. We…