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Microsoft: ⬆️ Buy
- Microsoft broke the resistance area
- Likely to rise to the resistance level 500.00
Microsoft recently broke through the resistance area between the resistance levels 468.15 (a former multi-month high from the middle of 2024) and 455.85 (which reversed wave B in December).
The breakout of this resistance area accelerated the active minor impulse wave 5 – which belongs to the intermediate impulse wave (3) from April.
Given the clear daily uptrend, Microsoft can be expected to rise to the next round resistance level 500.00 (target for the completion of the active impulse wave 5).
Source: https://fxpro.news
