The Long Investor

$MSFT TOP 20

Added 2023-05-14 20:06:33 +0000 UTC

Nothing to update here at all, it looks stronger than $AAPL and I still think it can move higher to complete Wave 3 before it pulls back, the structure has been very controlled so far, so I expect the pull back to come as shown, it may go above or pull back slightly lower than the target but it needs to come back.

The RSI and MACD are showing they are high, the RSI is just at the standard range limit at 70, so it can certainly go higher before needing to pull back, MACD is the same too.

So What Now?

I think if $MSFT is a company you like, when it pulls back to around $270, this may be an ideal position to start a position or add.