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.
Related Posts
A Channel Down has formed, ADBE is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
ADBE is moving towards a resistance line which it has tested numerous times in the past. We have…
META hits 501.4400 after a run of 4 consecutive daily candles spanning 5 days.
Trend followers are probably eagerly watching META to see if its latest 4 consecutive candles continues. If not,…
After trying numerous times in the past, XOM finally breaks 105.7700!
XOM has breached the resistance line at 105.7700. It may continue the bullish trend towards 114.3875, or, it…