$MSFT Microsoft Potential BUY/Support Areas

NASDAQ (NQ) did not have a good start to the new year. It has been hitting lows after lows so far and yet to make a proper 2026 high. This downward correction is being reflected in nearly all major tech stocks.

MSFT (Microsoft) clearly created a double top while running inside and touching upper end of a channel. It is now retracing and can possibly come to one of the support areas/levels which can act possible targets for shorts and levels for buys.

As the channel is upwards, this can be good retracement for buy opportunities and if NASDAQ makes anew high, it can pull MSFT higher to new highs too.

Lets wait and watch and always this is not and advice but just an observation. Risk management is extremely important as always.

vikinsa

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