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Chart Talks: Could Microsoft's shares hit a new all-time high?
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Microsoft long term trend is still up, this could be a short term level to focus

No doubt $Microsoft (MSFT.US)$ is still showing an uptrend. But recently price movement has been flattish.
The price is now showing resistance near the previous resistance level of $435.
If this level holds and the price turns downward, the current pattern is starting to resemble a bearish head and shoulders formation. However, for this reversal pattern to be confirmed, the support level at $390 must be broken. Otherwise, $390 will act as a strong support level in the ongoing uptrend.
Additionally, I’ve mapped out another support level at $410.
Let’s keep an eye on these levels. If you're considering trading during high-impact events like earnings, remember that with DLCs, your maximum loss is capped at your initial investment, helping to manage downside risk effectively.
MSFT uptrend but current flattish movement
MSFT uptrend but current flattish movement
Microsoft long term trend is still up, this could be a short term level to focus
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