Another Update on a Dow30 Company, this time featuring Microsoft.
MSFT
Microsoft is one of the many technology companies which had a huge bullrun in the last months.
Right now i am expecting that Wave 4 will come to an end sooner or later, we already hit the 0.382 Retracement.
Top to bottom we already corrected -15% and we shouldn't fall under the 0.618 Retracement.
I am looking for a good Chance/Risk ratio to open up a long position!
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If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
MSFT
Microsoft is one of the many technology companies which had a huge bullrun in the last months.
Right now i am expecting that Wave 4 will come to an end sooner or later, we already hit the 0.382 Retracement.
Top to bottom we already corrected -15% and we shouldn't fall under the 0.618 Retracement.
I am looking for a good Chance/Risk ratio to open up a long position!
===================================================================================================================
If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact me.
If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.