Microsoft shares have continued to show weakness recently, although the stock has shifted into more of a sideways pattern. In the near term, we anticipate another downward move, which should establish the low for wave (4) in magenta within our green Target Zone between $477.87 and $451.84. From our perspective, this range remains attractive for long entries, as we expect a new upward impulse to follow as part of magenta wave (5). This move should push the stock above resistance at $562.17 and complete the larger blue wave (I). Alternatively, there is a scenario in which the high at $562.17 marks the end of beige wave alt.III (probability: 36%). In that case, we would expect a substantial decline below support at $392.97, where the low of wave alt.IV would be found.
📊 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
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma 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
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.