Microsoft Corp. ( $MSFT) React From the Blue Box Area as Expected.

Elliott wave Forecast

Login
Start 14-Day Trial
You are here: Home / Stock Market / Microsoft Corp. ( $MSFT) React From the Blue Box Area as Expected.

Microsoft Corp. ( $MSFT) React From the Blue Box Area as Expected.

By

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Microsoft Corp. ($MSFT). The rally from 6.03.2024 low at $408.93 unfolded as 5 waves impulse. So, we expected the pullback to unfold in 7 swings and find buyers again. We will explain the structure & forecast below:

7 Swings WXY correction

$BAC

$MSFT 1H Elliott Wave Chart 6.14.2024:

$MSFTHere is the 1H Elliott Wave count from 6.14.2024. We expected the pullback to find buyers at the blue box area at 437.91 – 434.54 in 7 swings.

$MSFT 1H Elliott Wave Chart 6.14.2024:

$MSFTHere is the next 1H update within the same day, showing the bounce taking place as expected. The stock reacted higher from the blue box area allowing longs to get risk free. The stock is expected to trade higher towards $451– 479 before another pullback can happen.

Elliott Wave Forecast

We cover 78 instruments, but not every chart is a trading recommendation. We present Official Trading Recommendations in the Live Trading Room. If not a member yet,  Sign Up for 14 days Trial now and get access to new trading opportunities.

Welcome to Elliott Wave Forecast!

Back