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kflynn2018

MSFT - One more slight lower low before a move higher?

Microsoft Corp. (NASDAQ:MSFT)  
kflynn2018  
NASDAQ:MSFT   Microsoft Corp.
Technical Indicators Chart Patterns Elliott Wave
4
0
indicator chartpattern elliottwaves
MSFT is key leadership in the market. Most of the market has been correcting since early/mid June while AppleSoft has continued to rip higher. Seems like this is more of a catchup trade vs the leadership rolling over. Very possible we need one slight lower low to complete the 5-3-5 flat, tag the bottom of the channel before moving higher. Thoughts??
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