FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price
#MSFT M15
Double Top
The Double Top pattern has formed on the #MSFT M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 486.27 is likely to confirm further downward movement.
#MSFT M15
Double Bottom
The Double Bottom pattern has formed on the #MSFT M15 chart. Its support is at 490.21, its resistance is at 494.13, and its width is 392 points. A break above resistance may confirm a trend reversal, with the first target projected 375 points away.
#MSFT M30
Bearish Pennant
The Bearish Pennant pattern has formed on the #MSFT M30 chart and signals a potential continuation of the existing trend. The pattern low is at 489.01, and the projected flagpole height is 1188 points. If the price breaks below the pattern low at 489.01, the downtrend is expected to continue toward 488.70.
#MSFT M5
Triple Bottom
The Triple Bottom pattern has formed on the #MSFT M5 chart. It has the following characteristics: resistance at 501.14; support at 500.11; pattern width of 103 points. If the confirmation resistance at 501.72 is broken, the price is likely to continue upward by at least 175 points.
#MSFT M5
Bearish Pennant
The Bearish Pennant pattern has formed on the #MSFT M5 chart. A break below the pennant low at 502.59 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
#MSFT M5
Double Top
The Double Top reversal pattern has formed on the #MSFT M5 chart. Its upper boundary is at 517.75, its lower boundary is at 515.81, and its width is 188 points. A short position may be considered below the lower boundary at 515.81, with a potential target at 515.66.
#MSFT H1
Bearish Pennant
The Bearish Pennant pattern has formed on the #MSFT H1 chart. A break below the pennant low at 478.64 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.
#MSFT M5
Bearish Pennant
The Bearish Pennant pattern has formed on the #MSFT M5 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 483.96.
#MSFT M5
Triple Bottom
The Triple Bottom pattern has formed on the #MSFT M5 chart. A break above the confirmation resistance at 495.81 may signal a reversal from a downtrend to an uptrend.
#MSFT M5
Bullish Pennant
The Bullish Pennant pattern has formed on the #MSFT M5 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 499.91, the uptrend is expected to continue toward 500.06.
