SamSuka
The Long Investor
The Long Investor

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$MSFT TOP 20

A lower low has been made here below the Wave A level so the trend continues to lean to the downside and with only a test of the 0.38 Fib, I would expect a lower Fib level to be tested to complete Wave C.

Buy Zone is below the blue line at $350 and this could be the first Mega Cap to complete its ABC correction.

This would be attractive to add below $350 at the 0.5 Fib at $341.

$MSFT TOP 20 $MSFT TOP 20

Comments

I really like both MSFT and AMZN But I think for strength of defensiveness, as well as potential margin expansion, I would be going with AMZN and waiting until that ABC completes. Until then, learning more about patience

Chris H


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