$MSFT TOP 20
Added 2023-03-25 21:01:10 +0000 UTCVery little to report this week, it failed to go higher than the highs it hit on Friday the 17th of March a week ago, we do have Wave C at this point so it is a point where we were expecting it could pull back. RSI is also showing that it hit a high on the 17th of March, exactly at the 70 overbought point and has spent this week below it, a possible change in momentum.
That being said, it was a very volatile week for the market and a lot could have gone wrong for many stocks and even finishing at 0.4% shows it survived so far.....will the buyers step in now?....its hard to see how a bull run could start here while the RSI is overbought. A pullback may be healthy here and see where it can find support.
