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The Triple Bottom pattern has formed on the chart of #MSFT M5. Features of the pattern: The lower line of the pattern has coordinates 411.56 with the upper limit 411.56/410.41, the projection of the width is 217 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 409.39, the price is most likely to continue the upward movement.

The Triple Bottom pattern has been formed on #MSFT M5. It has the following characteristics: resistance level 416.43/415.52; support level 413.11/413.22; the width is 332 points. In the event of a breakdown of the resistance level of 416.43, the price is likely to continue an upward movement at least to 413.89.

The Bullish pennant graphic pattern has formed on the #MSFT M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 417.76.

The Bearish pennant pattern has formed on the #MSFT M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 400.07; the projection of the flagpole height is equal to 2508 pips. In case the price breaks out the pattern’s bottom of 400.07, the downtrend is expected to continue for further level 399.84.

According to the chart of M5, #MSFT formed the Inverse Head and Shoulder pattern. The Head’s top is set at 416.01 while the median line of the Neck is found at 411.47/414.18. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of #MSFT will go towards 416.16