MSFT is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of MSFT could test 399.0249 within the next 16 hours. It has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
MSFT is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
