SamSuka
The Long Investor
The Long Investor

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$MSFT TOP 20

$MSFT hit resistance at the 1 Fib at $456 this week and took a breather, the price could consolidate sideways here under this level as the other Mega Caps gain more attention.

A breakout of this level and converting $456 to support and there is a move higher here to the higher Fib at $496.

A lot of the Mega Caps we chart each week are showing a potential 10% run on the table, this would look like a market melt up too, which is typically found at the end of a Wave 5.

So again for now, there is no need to do anything here if you are holding, a hold above $456 and you may add to your position again to get the last run up. I prefer $AMZN right now however.

$MSFT TOP 20

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