I don't normally apply Elliott Wave Theory to individual stocks, but MSFT is about as clean as it gets.
Wave 2 is a zigzag of long duration, wave 4 is a triple-three of relatively short duration.
RSI with bearish divergence.
If this proves to be correct, the ultimate buy/long would be back towards the March 2020/COVID low (white rectangle).
Wave 2 is a zigzag of long duration, wave 4 is a triple-three of relatively short duration.
RSI with bearish divergence.
If this proves to be correct, the ultimate buy/long would be back towards the March 2020/COVID low (white rectangle).
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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.