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Microsoft at a Critical Zone: Will It Break or Bounce?
Microsoft Corp.
Microsoft at a Critical Zone: Will It Break or Bounce?
By LucanInvestor
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Dec 28, 2024
2
Dec 28, 2024
🔥 LucanInvestor’s Commands:
🩸 Resistance: $433.50. A breakout clears the path to $440 and $445, fueled by potential bullish recovery.
🩸 Support: $430.00. A breakdown exposes $425 and $420, signaling further weakness.
🔥 LucanInvestor’s Strategy:
🩸 Long: Above $433.50, aiming for $440 and $445. Watch for increasing volume to confirm the breakout.
🩸 Short: Below $430.00, targeting $425 and $420. Strong bearish momentum favors this scenario.
🩸 Microsoft’s MACD reflects ongoing bearish pressure, while the price hovers near critical EMA and Supertrend levels. Bulls must reclaim $433.50 to regain control, while bears can exploit the downside below $430.00. Volume remains key to validating either move.
👑 "Only those who act decisively at pivotal moments shape their financial destiny." — LucanInvestor
Trend Analysis
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