FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price
#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.
#MSFT M5
Head and Shoulders
The Head and Shoulders pattern has formed on the #MSFT M5 chart. The head high is at 491.60, while the neckline passes through 487.66/488.26. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
#MSFT M5
Triple Top
The Triple Top reversal pattern has formed on the #MSFT M5 chart. Its upper boundary is at 491.26/491.60, its lower boundary is at 481.64/487.66, and its current width is 228 points. If the confirmation support at 481.64 is broken, that width can be used to project the downward move.
#MSFT M15
Bullish Pennant
The Bullish Pennant pattern has formed on the #MSFT M15 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 491.26, the uptrend is expected to continue toward 491.48.
