Microsoft – Monthly Analysis

Microsoft closed June with an ugly Bearish Engulfing candle — and that is not the kind of signal investors want to see on a major monthly frame. The setup is unfortunate, potentially important, and difficult to ignore. When a market leader of Microsoft’s size prints this type of candle at a critical point in the structure, it can carry implications well beyond a single stock. We may need to prepare for a much more defensive road map if the signal receives confirmation. In this Microsoft technical analysis, we examine the emerging candle structure, Elliott Wave possibilities, key technical pressure points, and the most probable MSFT path from here — including the scenario that could turn this warning into something much larger. CANDLES: I started with a very concerning introduction, but that represents the worst-case scenario. The overall picture could be quite different. If we look at the candle map as…