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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST
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To: #Breeze who wrote (17167)11/7/2023 6:27:05 PM
From: Kirk ©  Read Replies (1) of 26769
 
Congratulations. My daily update spreadsheet flagged a New closing high today for MSFT.
MSFT Wave Count Update. Wave (5) of V in play. Breeze
tradingview.com
Your "fan" may owe you another Mea Culpa for doubting new highs were coming and the 200-dma was not about to collapse rather than act as a magnetic (no touch) springboard.

My guess is some will make one last attempt to call it a "double top" just in case...

BTW, if I'm not letting my "bullish bias" cloud my judgement, I'd say it looks like a cup n handle formation...

financestrategists.com

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