Another Update on a Dow30 Company, this time featuring Microsoft.NASDAQ:MSFT
Microsoft is one of the many technology companies which had a huge bullrun in the last months. Right now i am expecting that Wave 4 will come to an end sooner or later, we already hit the 0.382 Retracement. Top to bottom we already corrected -15% and we shouldn't fall under the 0.618 Retracement.
I am looking for a good Chance/Risk ratio to open up a long position!