Correction of Microsoft Weekly Chart

Elliott Wave Technical Analysis

Function: Counter trend

Mode: Corrective

Structure: Zigzag

Position: wave a

Direction Next higher Degrees: wave (IV) of Impulse

Wave Cancel invalid level:

Details: phase correction Wave (IV) with a zigzag pattern in wave a before a pullback in wave b and followed by a decline in wave c. phase correction (IV) with a zigzag pattern in wave a before a pullback in wave b and followed by a decline in wave c.