The breakout of Microsoft Corporation through the 244.04 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 235.81 within the next 14 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 244.04 numerous times, Microsoft Corporation has finally broken through. Can we expect a bearish trend to follow?
