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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: sandeep who wrote (191905)7/19/2023 11:16:41 AM
From: #Breeze4 Recommendations

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  Read Replies (1) | Respond to 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



To: sandeep who wrote (191905)7/20/2023 12:56:19 PM
From: #Breeze  Read Replies (3) | Respond to of 207554
 
Sandeep, you asked for my method for computing the MSFT target and I responded. You asked PS for his next SPX target, he responded but you failed ask him how he arrived at it. Just saying. :))


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