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

The Bullish pennant graphic pattern has formed on the #MSFT M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 469.20.

The Bullish pennant pattern is formed on the #MSFT H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 469.34, a further uptrend is possible.

On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 461.51; the lower boundary 460.02; the width of the pattern 149 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 459.87 level.

On the chart of the #MSFT M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 458.79, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 216 points.

According to the chart of M5, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 456.94 – 456.94 and upper border 458.86 – 458.86. In case the lower border is broken, the instrument is likely to follow the downward trend.

The #MSFT M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 462.46, the Neckline and the upward angle are at 459.23/459.22. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #MSFT will go towards 459.07.

On the chart of #MSFT M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 459.91; the lower boundary 459.08; the width of the pattern 83 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 458.93 level.

The Double Bottom pattern has been formed on #MSFT M5. Characteristics: the support level 451.84; the resistance level 454.67; the width of the pattern 283 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 273 points.

The Bearish pennant pattern has formed on the #MSFT M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 454.01, a trader will be able to successfully enter the sell position.

The Bullish pennant graphic pattern has formed on the #MSFT M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 458.71.