There is a potential that $MSFT has completed its ABC correction and can move higher from here, as they started their pull back in June '24 and failed to make a higher high since.
$MSFT chart also helped guide us over the last 9 months towards this market weakness we are experiencing over the last few months.
I would also expect a test of the 50 WMA next at $410 and in line with the market.
$MSFT is not my first preference to add out of the Mega Caps
$AMZN, $NVDA and $GOOG will be my targets in the their Buy Zones.
Kal
2025-04-27 21:07:37 +0000 UTCKal
2025-04-27 21:07:19 +0000 UTC