A video update to Elliott Wave Counts and Price target for MSFT (and Nasdaq).
A summary:
1. Intermediate wave 3 of 3 has ended.
2. Intermediate wave 4 of 3 has ended in a double combination.
3. We are in Minor wave 3 of Intermediate wave 5 of Primary wave 3.
4. Using Fibonacci Extension from Minor wave 1 of against overall Intermediate wave 5 gives us a target of $364, which is within a support zone. This is the Primary Wave 3 completion target.
5. Using Nasdaq, we also noted that we still have a little bit more to our final target.
A summary:
1. Intermediate wave 3 of 3 has ended.
2. Intermediate wave 4 of 3 has ended in a double combination.
3. We are in Minor wave 3 of Intermediate wave 5 of Primary wave 3.
4. Using Fibonacci Extension from Minor wave 1 of against overall Intermediate wave 5 gives us a target of $364, which is within a support zone. This is the Primary Wave 3 completion target.
5. Using Nasdaq, we also noted that we still have a little bit more to our final target.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.