Sell alert for Microsoft stock ahead of $1.2 trillion wipeout

Amid the November big tech turmoil , the popular trading expert on X , Ali Martinez, warned that the blue-chip giant Microsoft (NASDAQ: MSFT ) might soon face a steep price correction. Specifically, the analyst highlighted that MSFT stock faced multiple rejections at the $550 resistance zone, implying, based on historical performance, that a crash toward $360 is once again in the cards. Notably, when Martinez first highlighted the pattern, he also revealed that the first support zone Microsoft shares might face on the way down stands at roughly $450 and that they risk a drop to $350 only if they fail to halt there.

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