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After testing 213.51 numerous times, Microsoft Corporation has finally broken through. Can we expect a bearish trend to follow?

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.

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Important price line breached by FRA40. This price has been tested numerous times before.

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Important price line being approached by Gold FEBRUARY 2021. This price has been tested numerous times before.

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