Microsoft (MSFT) has minor five waves down from the highs, so apparently we are still in a higher-degree fourth wave that could be a bit deeper, maybe even pulling back to the previous highs around 468 level. This ongoing fourth-wave pullback could then come to an end near the 38.2% retracement. So if you are looking to join this trend, keep in mind that zigzag is not finished yet.
Highlights:
Trend: Fourth wave correction
Support: 468
Note: Potential zigzag before trend resumes

NEW US Single Stocks Service (And Its Free!!)
Get Elliott Wave US Single Stock Report for some big names and companies