MSFT - Impending triangle breakout
Updated
Now I think MSFT have completed wave E of elliott wave pattern, contracting triangle.
Look at D-E equals to 0.618 length of C-D
If this wave count is valid, soon
MSFT should breakout to the upside with price target around 250-160Note
The trade has been very profitable and I will plan my exit around 250-260 area
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.