MICROSOFT: The Support that turned Resistance targets $290.

TradingView2026/05/01 12:45

By:TradingView

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Microsoft / MSFT is getting rejected in the past 3 weeks on the trendline that was once a Rising Support, now turned Resistance.

Having reached the 0.5 Fibonacci level, it resembles the July-Aug counter trend rally of the 2022 Bear Cycle.

That eventually bottomed on the 1.382 Fibonacci extension.

Perfect sell entry here, Target 290.

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MICROSOFT: The Support that turned Resistance targets $290.

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