In my analysis of Microsoft, the recent attainment of a new All-Time High at $385 signifies the culmination of either Wave A or Wave (iii). Currently navigating a subordinate ABC correction, a Zigzag correction, we're on the verge of completing Wave (iv) within the 38.2% to 61.8% Fibonacci levels. Anticipating an overarching Wave 5, I foresee a significant rise to approximately $450. This sets the stage with a promising Chances-to-Risk ratio of 4.3. My conviction remains strong in the imminent downturn, followed by a subsequent upward trajectory, potentially shadowed by another sell-off. These projections extend into the future, likely until mid-2024. ๐Ÿš€
Elliott WaveFibonaccimicrosoftMicrosoft (MSFT)msftlong

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