SamSuka
The Long Investor
The Long Investor

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$MSFT TOP 20

Like I said under the $AAPL chart, if $MSFT and $AAPL can flip bullish then I think we can confirm a year end rally and the Melt Up scenario....but these two have more work to do, especially $MSFT.

The good news is that it has found support again on the 0.236 Fib at $408, I am not seeing an impulse wave develop here but it can still bounce to its $470 high line and help the market and still be in its ABC corrective wave.

$MSFT is testing its 200 Day MA from below now....if the price rejects at this level this week, then this will put pressure on the market and if $AAPL fails to turn around.

A relief bounce from both should help the market.

$MSFT TOP 20

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