Microsoft: ⬇️ Sell – Microsoft broke support levels 500.00, 490.00 – Likely to fall to support level 465.00 Microsoft recently broke the support zone between the support levels 500.00, 490.00 (low of wave A from September) and the 38.2% Fibonacci correction.
Microsoft: Sell
– Microsoft broke support levels 500.00, 490.00
– Likely to fall to support level 465.00
Microsoft recently broke the support zone between the support levels 500.00, 490.00 (low of wave A from September) and the 38.2% Fibonacci correction of the upward impulse from April.
The breakout of this support zone accelerated the C-wave of the active ABC correction (4) from July.
Microsoft can be expected to fall further to the next support level 465.00, target price for the completion of the active C-wave.
Published by:
Jaxon Maddox