Big movement expected on Microsoft Corporation after a breach of 170.87

Microsoft Corporation has broken through a line of 170.87 and suggests a possible movement to 179.07 within the next 9 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.