Microsoft Corp., Elliott Wave Technical AnalysisMicrosoft Corp (Nasdaq: MSFT): 4h Chart, 20 November 2023MSFT Stock Market Analysis: We have been anticipating the up move into wave {iii} and we are now starting to look for a potential target. As we seem to be near completion of wave {iii}, 1.618 {iii} vs. {i} stands at 390 while equality of 5 vs 1 stands at 380$.MSFT Elliott Wave Count: Wave (iv) of {iii}.MSFT Technical Indicators: Above all averages.MSFT Trading Strategy: Looking longs on the way into wave (v). TradingLounge Analyst: Alessio BarrettaMicrosoft Corp., MSFT: 1-hour Chart, 20 November 2023Microsoft Corp., Elliott Wave Technical Analysis MSFT Stock Market Analysis: We seem to see a three wave move into wave (iv) being pretty sharp. Looking for resumption of the uptrend to also break 380$ and become successfully support to then target 400$.MSFT Elliott Wave count: Wave c of (iv)MSFT Technical Indicators: Support on the 20EMA.MSFT Trading Strategy: Looking for longs into wave (v).
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