Microsoft ready to drop 30%

- MSFT has been on a TEAR in this B wave trying to surpass last resistance levels, but this tends to happen with B waves when you look at the history and overall charts of B waves. The blue lines are where resistance is and we still have not fully closed over the blue zone.. until then we are set up for a brutal C wave to come and bring us back down to support levels of last year.

I would definitely be cautious at this price level if you are a buyer.