MSFT
Microsoft (MSFT) currently favors short sellers as price action showing higher lows and higher highs since start of 2022. In addition, EMA10-EMA20 showing deadly cross. Hence there a possibility of trend continuation towards the downside support of $286.50 with next support at $273. If EMA10-EMA20 forms a golden cross, then there is a good chance MSFT might rally towards the $315 resistance or $327 resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.