Microsoft stock from a technical view has some space for some up movement
•MSFT Stock has broken above inverted H&SH pattern still not hit the pattern target at $302.
• Down channel is broken in the last up move with a successful retest.
We expect the up move to continue towards $300-$302 levels to hit the H&SH pattern target, before reversing back towards $270.
$300-$302 playing as an important resistance:
• 61.8% Fibonacci from the last down move from 22 Nov -21.
• Down trendline from Nov 21.
•MSFT Stock has broken above inverted H&SH pattern still not hit the pattern target at $302.
• Down channel is broken in the last up move with a successful retest.
We expect the up move to continue towards $300-$302 levels to hit the H&SH pattern target, before reversing back towards $270.
$300-$302 playing as an important resistance:
• 61.8% Fibonacci from the last down move from 22 Nov -21.
• Down trendline from Nov 21.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.