Microsoft Corporation has broken through a resistance line of a Triangle and suggests a possible movement to 341.41 within the next 10 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Related Posts
PYPL formed a Rising Wedge on the 30 Minutes chart. Retest of resistance in sight.
PYPL is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of…
V has broken through a resistance line. It has touched this line numerous times in the last 6 days.
V has broken through a line of 370.8300 and suggests a possible movement to 372.3670 within the next…
Important resistance line being approached by AMZN. This price has been tested numerous time in the last 8 days
AMZN was identified at around 217.68 having recently rebounded of the support on the 1 hour data interval.…