Microsoft is currently consolidating inside between $277.69 and $261.6 range. Hence a break on either side may present buying and shorting opportunities for investors and short sellers respectively. A break above $277.69 upper limit may trigger buying pressure with nearest resistance at $290.97 with a further resistance at $303.54. However, a daily close below $261.6 level may trigger bearish sentiments and potential short selling opportunities. Short sellers may push prices either towards the $246.57 or $238.07 support. The latter was 2021’s low and double bottom.