Microsoft
MSFT has formed a textbook double-top pattern on the daily chart, a sign that the recent rally may be losing steam.
Price is now testing the neckline around $492, a crucial level that could decide the next major move.
If this support breaks, the door opens for a deeper pullback. But if it holds and buyers step back in, it could mark the start of a powerful recovery.
Price is now testing the neckline around $492, a crucial level that could decide the next major move.
If this support breaks, the door opens for a deeper pullback. But if it holds and buyers step back in, it could mark the start of a powerful recovery.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
