Microsoft Corporation has broken through a support line of a Rising Wedge and suggests a possible movement to 156.22 within the next 16 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 9 days.
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Big movement expected on Microsoft Corporation after a breach of the support
December 27, 2019 8:05 pm
