MSFT nice opportunity to enter this great stock

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historical chart is vertically scary, thus you always feel the opportunity to invest in this stock has already passed, but here goes nothing.

seeing a change of flows in the monthly chart signalling a possible retrace, i found confluence between 61.8% fib retracement from the whole move up since covid crash + POC at the same level for equal period + 1.27 fib extension.

provides a potential great entry if hit.
not sure about the TF this can happen and i don't expect it to go towards the target in one movement.


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