Microsoft Corp., Elliott Wave Technical Analysis

Microsoft Corp.,   (MSFT): Daily Chart, 11 October 23

MSFT Stock Market Analysis: Looking for further downside into wave 5 as we seem to have come down in a three wave manner. We are close to breaking the previous wave {b} top which would provide us with additional confirmation.

MSFT Elliott Wave Count: Wave {i} of 5.  

MSFT Technical Indicators: Above all averages.  

MSFT Trading Strategy: Looking for continuation higher to start building longs.  

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Microsoft Corp.,  MSFT: 4-hour Chart, 11 October 33

Microsoft Corp.,   Elliott Wave Technical Analysis
MSFT Stock Market Analysis: Looking for further upside into wave (iii) to then have a clear five wave move into wave {i} of 5 from which we could start looking for longs.  

MSFT Elliott Wave count:  Wave (iii) of {i}.  

MSFT Technical Indicators: Above all averages.

MSFT Trading Strategy: Looking for a clear five wave move before considering longs.

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