TECH Buy 24.06.2024 08:32
Microsoft Corp.: wave analysis
Growth is possible.
On the daily chart, the third wave of the higher level 3 formed, a downward correction ended as the fourth wave 4, and the fifth wave 5 forms, within which the wave (3) of 5 develops. Now, the fifth wave of the lower level 5 of (3) is developing, within which the wave v of 5 is forming. If the assumption is correct, the asset will grow to the levels of 470.00–490.80. In this scenario, critical stop loss level is 430.75.
Indicators
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy