Stocks
MSFT Bounces from $350 as Wave IV Correction May Be Complete
Microsoft's (MSFT) recent decline from its September 2025 highs has come to an end, according to Barchart.com. The stock is now experiencing a sharp and impulsive bounce from the $350 area, which may indicate that a higher-degree wave (IV) irregular flat correction has been completed.
A five-wave impulse on the daily chart confirms strong bullish momentum, suggesting that a new higher-degree wave (V) is underway. However, traders should be aware of the potential for a corrective setback before the broader trend continues.
The first important support area is around $434-$464, while a deeper support zone comes in at $400-$390.