$MSFT Daily Elliott Wave Chart 4.06.2025:
In the Daily Elliott Wave count from April 06, 2025, we see that $MSFT completed a 5-wave impulsive cycle at blue ((I)). As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings first, likely finding buyers in the equal legs area between $355.81 and $293.74. This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend.
$MSFT Daily Elliott Wave Chart 4.20.2025:
The most recent update, from April 20, 2025, shows that the stock bounced as predicted. After the decline from the July peak, the stock is now finding support in the equal legs area. Currently, it is pulling back in wave ((2)) to correct the 5-wave impulse of wave ((1)). After that, the market is expected to continue higher in wave ((3)) of a renewed bullish cycle.
Conclusion
Elliott Wave Forecast
The post Microsoft Corp. $MSFT Blue Box Area Offers A Buying Opportunity appeared first on Elliott wave Forecast.