Big movement expected on Microsoft Corporation after a breach of the support

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.