The Long Investor
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$MSFT TOP 20
🕑 Added 2025-02-09 18:18:59 +0000 UTC$MSFT is back to the 0.38 Fib Support level again this week at $408, a level that has been in place for 12 months now
The best case for the market now is that this price action continues to move sideways and allow the market to move higher and complete Wave 5 and then drop down to complete Wave C here.
We can also see that the 200 WMA is moving up nicely to the Buy Zone and 0.5 Fib at $341, making this a potential confluence level in a few months to add.
