The Microsoft stock has now successfully completed wave B in turquoise at $444.95. So, now we locate the price in the subsequent wave C, which is set to finalize the overarching three-part wave [4] in dark green. This suggests further declines, with an ideal low just below $400. Following the low of the overarching wave [4], Microsoft should initiate a new upward impulse. While there’s a 25% chance that wave alt.[4] in dark green has already hit its low, this alternative scenario will only be confirmed if the stock breaks above $469.55.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.