MSFT: My view on the chart

MSFT | Will It Rally or Fail?
WaverVanir International LLC – VolanX Macro/Technical Outlook

Microsoft (MSFT) is at a key inflection point after testing the premium zone near $555. The rejection here raises the classic question — is this a healthy pullback or the start of a deeper retracement?

Technical Highlights:

Price currently hovering around $521, with immediate support at $517.51.

Fibonacci retracement levels show potential retrace targets at $492 (0.702) and $458 (Equilibrium Zone).

Previous market structure shift (CHoCH) remains intact — bulls still control the macro trend.

Gap from April remains a historical liquidity zone.

Volume analysis shows tapering interest post-peak, signaling possible short-term weakness.

VolanX Scenario Projections:

Bullish Case: Strong defense at $517–$500, leading to a wave structure breakout towards $686.55 by mid-2026.

Bearish Case: Failure to hold $500 could drive a liquidity sweep toward $458 before a possible long-term continuation higher.

Macro View:
While fundamentals remain strong, the broader NASDAQ environment and AI sector momentum will dictate if Microsoft can rally without retesting deeper supports. Watch for liquidity grabs in discount zones as potential institutional entries.

📊 VolanX Bias: Neutral-Bullish, but we remain patient for an optimal risk-entry confirmation.

Disclaimer: This is not financial advice. For educational purposes only. VolanX models are probabilistic, not predictive.