MICROSOFT CORP.: WEEKLY SCENARIO – 21 February 2022

MICROSOFT CORP.: WEEKLY SCENARIO – 21 February 2022

MICROSOFT CORP. Technical Analysis

MICROSOFT CORP. Technical Analysis: Weekly Chart

MICROSOFT CORP. Technical Analysis

In the weekly charts, MICROSOFT CORP. was trading in the down channel.

It is trading above 100 days SMA & below 20 and 50 days SMA.

The immediate support is 280.57 & the resistance level is at 294.07.

MICROSOFT CORP. was trading in the down channel after breakout downside there will be a further downfall.

MICROSOFT CORP. Technical Analysis: Daily Chart

MICROSOFT CORP. Technical Analysis

In the daily charts, MICROSOFT CORP. was trading in the down channel.

It is trading below all SMA.

The immediate support is 276.04 & the resistance level is 294.31.

MICROSOFT CORP. was trading in the down channel after breakout downside there will be a further downfall.  

How to Trade MICROSOFT CORP. this Week:

MICROSOFT CORP. will follow the downtrend until their trend reversal. So, remain bearish on MICROSOFT CORP.

TRADE SUGGESTION- SELL AT 285.74, TAKE PROFIT AT 280.57 AND STOP LOSS AT 294.31

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