Stocks

Microsoft Has Been Moving Nicely As ExpectedNov 21, 2023

Microsoft Has Been Moving Nicely As Expected from technical point of view and by Elliott wave theory.

On August 7th we shared a free chart of Microsoft with ticker MSFT, where we warned about a three-wave corrective slow down within wave 4 before a bullish continuation for wave 5. CLICK HERE

Microsoft Has Been Moving Nicely As Expected MSFT 4H Chart From August 07
MSFT 4H Chart From August 07

As you can see today, after more than 3 months, Microsoft has been moving nicely as expected. After a completed three-wave a-b-c correction within wave 4 into projected support area, it’s now already back to highs for wave 5 of a higher degree wave (3), so be aware of a new higher degree wave (4) correction soon.

Microsoft Has Been Moving Nicely As Expected MSFT 4H Chart From November 21
MSFT 4H Chart From November 21

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