MSFT has been correcting for the past few weeks. It is currently in wave (y) which is the 3rd and final wave of the correction. As of now, the subwaves within this wave (y) will be counted as ABC. I'm expecting a bounce at 133 where we will see a pullback before pushing down to 130 USD. The next target if MSFT breaks $130 is $128, and afterwards $125, but anything below that is very unlikely.