MSFT at a Turning Point – Key Levels to Watch for Nov. 20

1-Hour Outlook
MSFT has been in a clean down-channel, but today's late-session recovery finally broke above the short-term lower trendline. Price is now pushing into a critical resistance zone around $502–$505, which has rejected multiple times this week.
Key levels from the 1-hour structure:
* First resistance: $498.50
* Main rejection zone: $502–$505
* Bull breakout confirmation: $510 → opens $513–$515
* Downside support: $490, then $485
Momentum is improving — MACD is curling up and the candle structure is shifting away from heavy sell pressure. But MSFT still needs to reclaim $502.50 with conviction before bulls gain control for tomorrow.
1-Hour Bias:
Cautiously bullish if above $498.50, but still inside a larger downtrend unless $502–$505 breaks.

15-Minute Outlook (For Traders)

Short-term price action shows MSFT breaking out of a wedge and retesting the breakout cleanly around $493–$494. Strong impulsive candles came in after the retest.
What matters for tomorrow:
* As long as MSFT holds above $493–$494, buyers can push into $498–$500.
* A clean move through $500 → $502.50 would trigger momentum traders.
* If MSFT rejects early at $498–$500, expect a pullback to $490–$492.
15-Min Trading Thoughts:
* Bull setup: Pullback to $494–$496 with bounce confirmation → targets $500 / $502.
* Bear setup: Rejection at $502–$505 → targets $492 then $488.
Momentum is stronger on the 15-min chart than the 1-hour, which means MSFT has room to squeeze early but may struggle at $502–$505 unless volume shows up.

How GEX Supports the Levels

From the GEX (Gamma Exposure) chart:
Bullish elements:
* Highest positive call interest sits above $510–$515, meaning if MSFT breaks $505, market makers hedge by buying → upward acceleration.
* Light resistance around $500–$502, so price can push into that zone easily.
Bearish elements:
* Strong negative GEX / put support at $485, acting as the floor for the week.
* Heavy put walls between $480–$485, making breakdowns less likely unless market-wide selling hits.
GEX Summary:
* Break $505 → path to $510–$513 opens quickly.
* Lose $490 → hedging pressure drives it toward $485.

Option Trading Suggestions Based on GEX
For tomorrow's session:
Bullish Idea
If MSFT breaks and holds over $502.50:
* Consider 505C or 510C, same-week expiration.
* Safer choice: Next-week 510C (less decay).
Reason: GEX shows low resistance between $505 → $510.
Bearish Idea
If MSFT rejects $502–$505 early:
* Consider 495P or 490P.
* Conservative approach: next-week 490P.
Reason: Price tends to fade back into the $492–$488 pocket when the breakout fails.

Final Thoughts
MSFT is at a key pivot zone. Both 1-hour and 15-minute charts show recovery momentum, but the chart won’t turn fully bullish unless $502.50–$505 breaks. Expect volatility around that zone tomorrow.

Disclaimer
This analysis is for educational purposes only and is not financial advice. Always manage risk and trade with a plan.