Microsoft (MSFT)
Date of Analysis: September 11th, 2023
An interesting situation at the present moment, but not as clear as some of our other stocks or financial instruments. Having said that, it is possible Time & Price targets described below will be hit with precision……
- Our TIME calculations suggest MSFT will see a top on October 24th (+/- 5 trading days).
- The final PRICE range is a bit outside of what we believe is possible. To be exact, our calculations suggest the top to arrive at $440 (+/- $5)
- A more realistic top would/should occur in the $350-360 range. A double top.
- Once the top is put in place MSFT will fall to $270 in 2024.
- The above forecast is consistent with our overall stock market projection.
In summary, our Time/Price MSFT calculations are not as clear at this juncture as we would like it to be. Yet, the overall picture is fairly clear. The stock should top out in late October and then proceed to collapse to $270 in 2024. As the stock pushes higher into October of this year, it will become clearer which top projection is in play. Either a double top or at around $440.
*** Microsoft (MSFT): Also has the potential to develop into a fast mover. Fast Movers
