Microsoft Corporation has broken through a line of 211.57 and suggests a possible movement to 196.43 within the next 3 days. It has tested this line numerous times 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 30 days.
Related Posts
Will BRK.B break through the support level it tested before?
BRK.B is heading towards 487.9200 and could reach this point within the next 7 hours. It has tested…
A possible move on XOM as it heads towards resistance
XOM is heading towards the resistance line of a Rising Wedge and could reach this point within the…
AMD keeps moving closer towards 162.2200. Will it finally breach this level?
AMD is en route to a very important line that will be a definite deciding factor of what…