- Microsoft broke resistance level 151.00
- Likely to rise to 156.60
Microsoft recently broke above the key resistance level 151.00 (which stopped the previous impulse wave (i)).
The breakout of the resistance level 151.00 accelerated the active impulse wave 3, which belongs to the medium-term impulse sequence (3) from June.
Microsoft is expected to rise further toward the next resistance level 156.60 (target price for the completion of the active wave (3)).