
Microsoft: ⬇️ Sell
– Microsoft broke strong support level 390.00
– Likely to fall to support level 344.10
Microsoft recently broke below the strong support level 390.00 (which stopped the previous impulse wave i at the end of February).
The breakout of the support level 390.00 continues the active minor impulse wave 3 of the intermediate impulse wave (C) from February.
Microsoft can be expected to fall further to the next support level 344.10 (former multi-month low from April and the target price for the completion of the active impulse wave C).