MSFT is moving towards a line of 509.4850 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If MSFT continues in its current trajectory, we may see it move towards 509.4850 within the next 2 days.
After testing 509.4850 numerous times, MSFT is once again approaching this price point. Can we expect a bearish trend to follow?
