Microsoft trades in 2022 VWAP pivot area, Jake Wujastyk notes

Microsoft trades in 2022 VWAP pivot area, Jake Wujastyk notes
Microsoft holds at 2022 VWAP pivot

Microsoft continues to trade at the pivotal volume-weighted average price (VWAP) zone from November 2022. Jake Wujastyk highlights that both February and March closed lower, yet the Williams % Range ticked up each month despite being in oversold territory.

This technical pattern suggests diverging momentum relative to price action over these recent months.

Wujastyk has previously noted shifts in trader expectations around individual stocks, highlighting a sharp rise in odds for S&P 500 inclusion for SOFI on Polymarket. He has also clarified that the VIX measures implied volatility and not a cash value. These earlier comments contribute to his ongoing focus on technical and sentiment-driven signals within the market.

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