$MSFT TOP 20
Added 2023-10-29 19:52:38 +0000 UTCWhat did we say in $MSFT's last chart? that we now see 5 small waves up for Subwave 1 and expect a pull back for Subwave 2 and like clockwork, that is what we have seen.
$MSFT is not showing any bearish characteristics and one of the main reasons I believe we still get a rally next.
The price is not only comfortably above the 200 Day MA, it is also sitting above the 50 Day MA here too, after making a higher high.
I do not believe Subwave 2 is complete yet but $MSFT is in a strong position here......and it is difficult to see how the market struggles if $MSFT keeps pushing higher.
