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TECH Buy 22.02.2021 08:08

Microsoft Corp.: wave analysis

The price may grow.

On the daily chart, the fifth wave of the higher level (5) develops, within which the wave 3 of (5) forms. Now, the third wave of the lower level iii of 3 is developing, within which the wave (iii) of iii has formed, and a local correction is developing as the wave (iv) of iii. If the assumption is correct, after the end of the correction, the price will grow to the levels of 265.00–285.00. In this scenario, critical stop loss level is 211.45.