MSFT: Rising Wedge ( Short Term)/ Date: 26.05.24

Key Points: MSFT

1. A raising wedge pattern is used to identify possible trend reversals.
2. It is considered a bearish pattern.
3. It signals that the buying momentum is slowing down.

Support/ Resistance:
4. Around 430 - may act as a resistance.
5. Around 416 - may act as a support

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