MSFT at a Turning Point – Key Levels to Watch for Nov. 20

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MSFT at a Turning Point – Key Levels to Watch for Nov. 20Microsoft CorporationBATS:MSFTBullBearInsights1-Hour Outlook MSFT has been in a clean down-channel, but today's late-session recovery finally broke above the short-term lower trendline. Price is now pushing into a critical resistance zone around $502–$505, which has rejected multiple times this week. Key levels from the 1-hour structure: * First resistance: $498.50 * Main rejection zone: $502–$505 * Bull breakout confirmation: $510 → opens $513–$515 * Downside support: $490, then $485 Momentum is improving — MACD is curling up and the candle structure is shifting away from heavy sell pressure. But MSFT still needs to reclaim $502.50 with conviction before bulls gain control for tomorrow. 1-Hour Bias:
Cautiously bullish if above $498.50, but still inside a larger downtrend unless $502–$505 breaks. 15-Minute Outlook (For Traders) Short-term price action shows MSFT breaking out of a wedge and retesting the breakout cleanly around $493–$494. Strong impulsive candles came in after the retest. What matters for tomorrow: * As long as MSFT holds above $493–$494, buyers can push into $498–$500. * A clean move through $500 → $502.50 would trigger momentum traders. * If MSFT rejects early at $498–$500, expect a pullback to $490–$492. 15-Min Trading Thoughts: * Bull setup: Pullback to $494–$496 with bounce confirmation → targets $500 / $502. * Bear setup: Rejection at $502–$505 → targets $492 then $488. Momentum is stronger on the 15-min chart than the 1-hour, which means MSFT has room to squeeze early but may struggle at $502–$505 unless volume shows up. How GEX Supports the Levels From the GEX (Gamma Exposure) chart: Bullish elements: * Highest positive call interest sits above $510–$515, meaning if MSFT breaks $505, market makers hedge by buying → upward acceleration. * Light resistance around $500–$502, so price can push into that zone easily. Bearish elements: * Strong negative GEX / put support at $485, acting as the floor for the week. * Heavy put walls between $480–$485, making breakdowns less likely unless market-wide selling hits. GEX Summary: * Break $505 → path to $510–$513 opens quickly. * Lose $490 → hedging pressure drives it toward $485. Option Trading Suggestions Based on GEX For tomorrow's session: Bullish Idea If MSFT breaks and holds over $502.50: * Consider 505C or 510C, same-week expiration. * Safer choice: Next-week 510C (less decay). Reason: GEX shows low resistance between $505 → $510. Bearish Idea If MSFT rejects $502–$505 early: * Consider 495P or 490P. * Conservative approach: next-week 490P. Reason: Price tends to fade back into the $492–$488 pocket when the breakout fails. Final Thoughts MSFT is at a key pivot zone. Both 1-hour and 15-minute charts show recovery momentum, but the chart won’t turn fully bullish unless $502.50–$505 breaks. Expect volatility around that zone tomorrow. Disclaimer This analysis is for educational purposes only and is not financial advice. Always manage risk and trade with a plan.