Micro on Microsoft - Market Analysis for Apr 27th, 2018


While "only" up 3.86% I think this is one of the BIGGEST "wins" for EW...

MSFT held where it needed to for the ivth of an LD Wed AM. And started up in the vth. I mentioned a few times that this vth should be a micro ABC up and that the initial move could spike down a bit before heading up to complete the v of (i).

That is EXACTLY what "Softie" did on earnings release... and initial spike down to 92 as micro B of v, then UP to the top of the TL for C of v and likely completing the LD for (i).

THAT level of specificity in knowing the most probable path is only possible using EW.

#StockWaves

MSFT - Primary Analysis - Apr-25 1057 AM (1 hour)
MSFT - Primary Analysis - Apr-25 1057 AM (1 hour)
MSFT - Primary Analysis - Apr-27 0745 AM (1 hour)
MSFT - Primary Analysis - Apr-27 0745 AM (1 hour)
Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.


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