AndyM

MSFT goes for final wave 5 up, 49.5 target

NASDAQ:MSFT   MICROSOFT CORP
Here's a reversal picture for MSFT: the last wave 5 up never looked complete, so the market has finally decided to go for it. I am not sure if the top will be hit before or after the earnings, but this top is going to be significant for MSFT             and for the whole SPX             index as well. In its upward movement of 2009-2015 MSFT             has retraced so far 0.886 of its prior decline of 2000-2008. Once the upward movement is complete it will enter its impulsive wave C down which is supposed to take down the 2008 low of 14.87.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out