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TECH Buy 10.08.2020 07:42

Microsoft Corp.: wave analysis

The price may grow.

On the 4-hour chart, the fifth wave of the higher level (5) of 3 develops, within which the wave 3 of (5) formed. Now, a local correction has ended as the fourth wave 4 of (5), and the development of the fifth wave 5 of (5) has started. If the assumption is correct, the price will grow to the levels of 230.00–240.00. In this scenario, critical stop loss level is 197.20.