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Big movement expected on Microsoft Corporation after a breach of 212.68

Microsoft Corporation has broken through a line of 212.68 and suggests a possible movement to 220.45 within the next 3 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 30 days.

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10 year US Treasury Note SEPTEMBER 2020 is quickly approaching 139.7344. We expect either a breakout through this line, or a rebound.

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