FX.co ★ Patterns #MSFT | Microsoft Corporation Stock Price

The Double Top pattern has been formed on #MSFT M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 453.17 is broken, the downward movement will continue.

On the chart of #MSFT M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 455.18; the lower boundary 453.17; the width of the pattern 201 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 452.95 level.

The Bullish Flag pattern has been formed on the chart #MSFT M30 which signals that the upward trend will continue. Signals: а break of the peak at 456.16 may push the price higher, and the rise will be the projection of the pole.

The Bullish pennant pattern is formed on the #MSFT M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 456.16, a further uptrend is possible.

On the chart of #MSFT M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 439.90; the lower boundary 436.07; the width of the pattern 383 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 435.77 level.

According to the chart of M5, #MSFT formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 439.63, the lower border is 436.12. The signal means that a long position should be opened above the upper border 439.63 of the Bullish Rectangle.

The Double Top reversal pattern has been formed on #MSFT M5. Characteristics: the upper boundary 439.50; the lower boundary 436.12; the width of the pattern is 351 points. Sell trades are better to be opened below the lower boundary 436.12 with a possible movements towards the 435.97 level.

According to the chart of M5, #MSFT formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 424.97, the lower border is 423.05. The signal means that a short position should be opened after fixing a price below the lower border 423.05 of the Bearish Rectangle.

According to the chart of M5, #MSFT formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 423.05/423.85 and upper border is 425.01/423.85. The pattern width is measured on the chart at -196 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MSFT breaches the lower border, the price could continue its move toward 423.70.

The Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 424.97/424.14; support level 423.05/423.19; the width is 192 points. In the event of a breakdown of the resistance level of 424.97, the price is likely to continue an upward movement at least to 423.45.