Microsoft stock from a technical view has some space for some up movement
•MSFT Stock has broken above inverted H&SH pattern still not hit the pattern target at $302. • Down channel is broken in the last up move with a successful retest.
We expect the up move to continue towards $300-$302 levels to hit the H&SH pattern target, before reversing back towards $270.
$300-$302 playing as an important resistance: • 61.8% Fibonacci from the last down move from 22 Nov -21. • Down trendline from Nov 21.
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