$MSFT also continues to hold on the Fib level at $408 but this set up still concerns me and a drop down after losing the 50 WMA continues to look like the natural direction next
I was however surprised that $MSFT got very little traction when they announced their Quantum Computing capabilities this week, we saw how strong $GOOG responded to their own announcement.
Unless the market needed a few days to digest this information before making a decision, sometimes it is very difficult to fight the trend.
I see many members looking forward to buying here in the Buy Zone below $350 and I think it would be a great opportunity too.