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MSFT: Bears Have Taken Control Over Bulls

Free nasdaq stock msft chart calls

Free nasdaq stock msft chart calls

MSFT has accomplished the corrective wave (b) and started falling for wave (c) of wave (4).

Traders can expect the following targets: 289 – 272 – 265 for wave (c). Here, 273 is the Fibonacci level of 50% of the wave. This level will act as a crucial level.

An uptrend is only possible after the breakout of the parallel channel.
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