- MSFT Monthly chart with triangle breakout and Resistance level.
- Current up move will hit 30.50 - 31.50 Zone which will act as resistance.
- This zone has acted as resistance many times in the past.
- Bearish weekly candles at this zone may lead to a reversal. Week candles should trade above this zone on closing basis for a bigger up move to happen.
- ES SUPPORT AND RESISTANCE LINES
Microsoft Resistance level
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.