Verified InvestingANALYSTJul 30, 2026“MSFT broke above its long-term parallel with a weekly bottoming tail, and holding $458 opens a path to $500 resistance.”
Why he says it — point by point
FAVORABLE & AGAINST · BOTH KEPTWhy
price recently broke down in March, got back in in May as well as in June, and then failed. Came back down creating a very nice weekly bottoming tail right here and implying that we were going to hold this level of support and push up
today we just jumped up over it, used that energy we would have used to get through this parallel and just accelerated up on the chart
If we're able to do that, that opens the door for a move all the way back up to the 50% area of the parallel right at $500.
What would flip this
this is the line in the sand for Microsoft to continue pushing up on the charts. Right there if uh for the next couple days around $458.
The structured call
The receipt
Publish-day price $$390.54 · the claim is anchored to the moment it was said.