Microsoft is heading for a wave C down

Based on price action, we are seeing Microsoft heading for a downside now. First of all, there is a potential double top with two hanging man nearing 78.6% retracement of wave A. Pattern wise, the rising wedge is a key signal of converging and losing bullish momentum, coupled with a bearish RSI divergence.

* If there is a upside, 85.4%-88.6% will be the next selling level.