No changes to the chart or commentary here either, I believe $MSFT is in a Subwave 3 bounce and finished the week testing the 1.618 Fib at $438 and finished the week just above this level.
A pull back next to the 50 WMA from above at $418 or the previous support level at $408 would be suitable for Subwave 4 next before going higher.
A breakdown from here and a drop below $394 and I believe $MSFT will once again drop down into the Buy Zone and even go lower....which would align with the market entering Wave C then.
sahilpreet Singh
2025-05-11 22:03:18 +0000 UTCBK
2025-05-11 18:45:26 +0000 UTC