The shares may return to the 385 USD support level

A head and shoulders pattern appears to be forming on the Microsoft Corporation (NASDAQ: MSFT) stock chart.

The right shoulder of the pattern is currently taking shape, indicating that the stock price could drop to the neckline at 385.00 USD.

A break below this level may lead to a further decline in price to 340.00 USD.
Chart PatternsTrend Analysis

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