Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 47.27

+12.5%

Jan 2 4:00 PM EST

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To: sandeep who wrote (191905)	7/19/2023 11:16:41 AM
From: #Breeze	4 Recommendations Read Replies (1) of 207554

Here is the method I use for projecting the price target for MSFT. It's a Fibonacci price extension. Trading View has a tool for computing that target. You compute the price gain from the start of the wave one to the end wave three multiply that result by .618 and then add the result to the price of the wave four low and that result is the price target. Got it? tradingview.com

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