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. The M5 and M15 time frames may have more false entry points.