Microsoft Corporation has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 3 days and suggests a target line to be around 177.45 within the next 8 hours.
Related Posts
BRK.B heading towards a price it has tested 4 times in the recent past.
A strong support level has been identified at 483.8650 on the 1 hour BRK.B chart. BRK.B is likely…
After testing support twice in the past, BABA has finally broken through. Can we expect a bearish trend to follow?
BABA has broken through the support line of a Triangle technical chart pattern. Because we have seen it…
PYPL likely to test 74.2050 in the near future. Where to next?
PYPL is moving towards a key resistance level at 74.2050. This is a previously tested level for PYPL.…