$MSFT TOP 20
Added 2024-01-30 22:49:56 +0000 UTC$MSFT is the only chart that concerns me....because as far as I can see here, its Wave 5 has 5 waves in it now.....the Subwave 2 is not pretty but Subwave 4 is perfect pulling back to the 0.38 Fib and then bouncing
Subwave 5 also ran right up to the 2.27 Fib, which we have set Subwave 5 here months ago.
So far post earnings there is a rejection at this level but we need more price action now before jumping to conclusions that this will start its ABC correction.
What we need is for Subwave 5 to go very extended....so the rest of the Mega Caps can catch up with $MSFT....before the market corrects down.
Comments
Let it run until there’s a rejection, no need to sell preemptively
Gareth Neary
2024-01-31 15:17:24 +0000 UTCNot in $MSFT Jesse
Gareth Neary
2024-01-31 15:17:05 +0000 UTCYou taking any profits or holding all?
Jesse Gaffey
2024-01-31 15:16:17 +0000 UTC
