Saad Ullah
⬤ Microsoft stock has dropped into a major support area on the monthly timeframe where several long-term technical signals are stacking up. The pullback brings MSFT right into a zone that combines volume data, Fibonacci levels, and a rising trend line—all meeting at the same price range.
⬤ This support area matters because it's where multiple technical factors converge. When price hits zones like this, it typically either bounces back or breaks through decisively. The monthly chart shows selling pressure starting to ease as the stock reaches this level, though there's no clear reversal signal yet.
⬤ What happens next will likely shape Microsoft's trend for the coming months. If the stock holds above this support zone, the broader uptrend stays intact and the bullish structure remains valid. But if it breaks below, it could open the door to a deeper decline and signal that the longer-term support structure is failing.
Saad Ullah
