$MSFT TOP 20
🕑 Added 2025-05-01 09:29:59 +0000 UTC$MSFT was the first company to start its correction and it started on the 1st of July with a top at $468 and then declined for 9 months and pulled back to the 0.5 Fib at $344, just above the 200 WMA.
Price is now already back above the 50 WMA, which is also a first for any of the Mega Caps too that we follow.
So I have added in the impulse wave here, with the Wave 3 target at the 1.618 Fib at $437.
Remember the US market did not decline from its top until the 20th of Feb '25, 8 months after $MSFT started its decline, so they have not been in the same cycle....$MSFT is likely ahead of the US market and as the market leader, this is not a surprise.
Comments
Jon marconi
This is working perfectly !! 437 and pulling back
Faizan Sofi
Is WMA weighted moving average or Weekly moving average ?
crypto baba
Did you add $MSFT at $435?
Shaleen Deep
I was uneasy for months due to lagging performance but this is one company you just cannot not have in your portfolio. Massive earnings and stellar guidance. Crown jewel of big tech.
Julian
I exited my full position back in Nov'24. Not because I dislike it, because I felt I could use the money better elsewhere. I think this company is just fantastic and will continue to outperform for decades