Microsoft Corporation has broken through a resistance line of a Ascending Triangle and suggests a possible movement to 216.12 within the next 9 hours. It has tested this line 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 3 days.
Big movement expected on Microsoft Corporation after a breach of the resistance
