Microsoft Wave Analysis – 5 March 2026
By:TradingView
Microsoft: ⬆️ Buy
- Microsoft broke daily down channel
- Likely to rise to resistance level 420.00
Microsoft recently broke the resistance trendline of the daily down channel from January, which enclosed most of the previous intermediate impulse wave (C) from the start of January.
The breakout of this daily down channel accelerated the active short-term correction 4 of the higher order impulse wave (C) from January.
Microsoft can be expected to rise to the next resistance level 420.00 (top of the earlier minor correction 2 from the start of February).
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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