FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price

The Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 394.35/392.59; support level 390.96/390.68; the width is 339 points. In the event of a breakdown of the resistance level of 394.35, the price is likely to continue an upward movement at least to 391.53.

The Bearish pennant pattern has formed on the #MSFT M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 384.84; the projection of the flagpole height is equal to 1732 pips. In case the price breaks out the pattern’s bottom of 384.84, the downtrend is expected to continue for further level 384.54.

According to the chart of M5, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 386.13 – 386.13 and upper border 389.27 – 389.27. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Bearish pennant pattern has formed on the #MSFT M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 388.42 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

According to the chart of M15, #MSFT formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 405.00, the lower border is 397.92. The signal means that a short position should be opened after fixing a price below the lower border 397.92 of the Bearish Rectangle.

The Bearish pennant pattern has formed on the #MSFT M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 400.10, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #MSFT M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 400.10; the projection of the flagpole height is equal to 206 pips. In case the price breaks out the pattern’s bottom of 400.10, the downtrend is expected to continue for further level 399.95.

According to the chart of M15, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 397.92 – 397.92 and upper border 405.00 – 405.00. In case the lower border is broken, the instrument is likely to follow the downward trend.

According to the chart of M5, #MSFT formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 405.00, the lower border is 397.92. The signal means that a short position should be opened after fixing a price below the lower border 397.92 of the Bearish Rectangle.

The Triple Bottom pattern has formed on the chart of #MSFT M5. Features of the pattern: The lower line of the pattern has coordinates 447.90 with the upper limit 447.90/444.22, the projection of the width is 438 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 443.52, the price is most likely to continue the upward movement.