$MSFT TOP 20
Added 2024-10-08 11:45:30 +0000 UTCI have been worried about $MSFT for some time now and the chart does not look bullish
I spoke at the weekend about needing to hold above the 50 and 200 Day MA and the price was lost yesterday and red again the PM today but holding on the larger 0.236 Fib at $408.
Price action really needs to regain the 50 and 200 Day MA this week at $416, if there is a rejection trying to get above this moving average, then we are looking at confirming Wave C next.
$MSFT could possibly be the first Mega Cap to complete Wave C in this case.
