NokiMo
The Long Investor
The Long Investor

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$MSFT TOP 20

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.

$MSFT TOP 20

Comments

Wave 2 would be another good entry if wave C doesn't come.

sahilpreet Singh

I would love to buy that time, I missed the opportunity

BK


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