- Microsoft reversed from resistance zone
- Likely to fall to support level 447.00
Microsoft recently reversed down from the resistance zone located between the resistance levels 465.00 (which stopped the weekly uptrend in 2024) and 455.00 (top of wave (B) from the end of 2024).
This resistance zone was further strengthened by the upper weekly and daily Bollinger Bands.
Given the strength of the aforementioned resistance zone and the overbought daily Stochastic, Microsoft can be expected to fall to the next support level 447.00.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
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Reach out to media.comments@fxpro.com for PR and media inquiries
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.
