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
Is the extremely large movement on NKE a sign of things to come?
NKE dropped sharply for day – which is an excessively big movement for this instrument; exceeding the 98%…
MSFT is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Emerging Falling Wedge pattern in its final wave was identified on the MSFT 1 hour chart. After a…
Will INTC break through the resistance level it tested before?
INTC is about to retest a key horizontal resistance level near 24.5500. It has tested this level 8…