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TECH Buy 16.09.2019 08:37

Microsoft Corp.: wave analysis

The price may grow.

On the 4-hour chart, the third wave of the higher level (3) develops, within which the wave 5 develops. Now, a correction has ended as the wave iv of (5) shaped as a horizontal triangle, and the development of the fifth wave v of (5) has begun, within which the wave (ii) of v has formed. If the assumption is correct, the price will grow to the levels of 150.00–155.00. In this scenario, critical stop loss level is 134.21.