Microsoft Inc. (MSFT) Elliott Wave technical analysis [Video]
|Microsoft Inc. (MSFT) – Elliott Wave analysis
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Function: Counter-Trend.
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Mode: Corrective.
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Structure: ZigZag.
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Position: Wave {iv} of C.
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Direction: Further downside in wave C.
Details:
Currently in Minor wave C. Only three waves identified so far. A pullback in wave {iv} of C suggests the correction is not yet over. More downside expected following the completion of this pullback.
Microsoft Inc. (MSFT) – Elliott Wave analysis
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Function: Counter-Trend.
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Mode: Corrective.
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Structure: ZigZag.
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Position: Wave (c) of {iv}.
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Direction: Upside potential into wave (c).
Details:
Wave (b) may be complete. Target for wave (c) based on equality with wave (a) is $400. This may mark the end of wave {iv} before further decline continues.
This dual-timeframe Elliott Wave analysis of Microsoft (MSFT) offers both a short-term and intermediate-term view. It provides valuable insight into the current corrective phase and helps traders position accordingly.
Microsoft Corporation (MSFT) – Market analysis brief
Microsoft Corporation (MSFT) is undergoing a corrective phase based on Elliott Wave Analysis. On the daily chart, the stock is currently progressing through Minor wave C, with a visible pullback in wave {iv}, suggesting that the corrective sequence is not yet complete and further downside in wave {v} may follow.
On the 1-hour chart, the focus is on an upward move in wave (c) of {iv}, as wave (b) appears to have finished. The projected target for wave (c), using equality with wave (a), stands at $400, potentially marking the end of wave {iv} before resumption of the downward trend.
This multi-timeframe analysis provides both short-term and intermediate-term insights, helping traders anticipate key turning points and align strategies with the ongoing market correction.
Microsoft Inc. (MSFT) Elliott Wave technical analysis [Video]
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