MSFT 15 Years Old Bullish Wave To Be "Corrected" To 300/255/188

11 Agu 2024

➖ The latest bullish wave for Microsoft (MSFT) started more than 15 years ago, around March 2009. This wave is about to be "corrected."

➖ The last correction, November 2021 through November 2022, pushed prices close to the 0.5 Fib. retracement level relative to the entire bullish wave.

👉 A similar outcome happening now, would lead MSFT to hit around 255 in the coming months.

➖ If the corrective wave turns out to be weak/small, then it can end around 300.
➖ If the corrective wave becomes extensive and gains momentum, it can lead to a lower low compared to 2022 and thus end around 188. The actual price range is really big, between 111 and 188.

👉 We will settle for either ~255 or ~188 for the next drop.

Thank you for reading.

Namaste.