_MSFT - Chart Link- here is the updated count
from my previous post. Price targets have been met but this
can extend so proceed with caution here.
On current wave 5 one can count 5 smaller waves BUT the initial
move could be a LD (Leading Diagonal) with the current move wave 3
of 5 (all depends upon the nature and extent of next pullback).
One option is the whole wave 5 may unfold as an ED
(ending diagonal) which will take some time to play out.
Thus, one should simply trail up stops here in accordance with
their plan.
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MSFT Updated
Posted by steve on 16th of Jun 2024 at 01:08 pm
_MSFT - Chart Link- here is the updated count from my previous post. Price targets have been met but this can extend so proceed with caution here.
On current wave 5 one can count 5 smaller waves BUT the initial move could be a LD (Leading Diagonal) with the current move wave 3 of 5 (all depends upon the nature and extent of next pullback). One option is the whole wave 5 may unfold as an ED (ending diagonal) which will take some time to play out. Thus, one should simply trail up stops here in accordance with their plan.