Primary Scenario
ADJUSTMENT: We primarily expect imminent declines that should take the stock directly into our green Target Zone ($294.15–$252.08). Within this zone, an interim low should eventually form, setting the stage for a counter-move.
Alternative Scenario
ADJUSTMENT: There’s a chance MSFT could rise soon, break through resistance at $472.21, and form a high just below resistance at $562.17. However, selling pressure is then expected to increase again, targeting our green Target Zone ($294.15–$252.08) (probability: 32%).
Long-Term Outlook
The daily chart shows the path of the larger corrective move. Ultimately, further sell-offs into the blue Long-Term Entry Range ($212.18–$118.87) are expected before a sustained trend reversal is likely. However, if MSFT shows more strength in the near term than previously anticipated, price could set a new all-time high above resistance at $562.17 before the (then somewhat delayed) Long-Term Entry Range is reached later on (probability: 36%).
ADJUSTMENT: We primarily expect imminent declines that should take the stock directly into our green Target Zone ($294.15–$252.08). Within this zone, an interim low should eventually form, setting the stage for a counter-move.
Alternative Scenario
ADJUSTMENT: There’s a chance MSFT could rise soon, break through resistance at $472.21, and form a high just below resistance at $562.17. However, selling pressure is then expected to increase again, targeting our green Target Zone ($294.15–$252.08) (probability: 32%).
Long-Term Outlook
The daily chart shows the path of the larger corrective move. Ultimately, further sell-offs into the blue Long-Term Entry Range ($212.18–$118.87) are expected before a sustained trend reversal is likely. However, if MSFT shows more strength in the near term than previously anticipated, price could set a new all-time high above resistance at $562.17 before the (then somewhat delayed) Long-Term Entry Range is reached later on (probability: 36%).
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.