Hamilton's E-Wave Analysis

MSFT, Microsoft update

msft june 2012 b

Microsoft is like the brother/sister to Intel. Microsoft makes the software and Intel the hardware, both companies have been able to operate as virtual monopolies and have been able to extract profit margins of 40+% for years. Both are vulnerable to changes. The charts are very similar. In the case of Microsoft the triangle (wave 4 of c of B) is very, very distinct, it even has the additional four legs ,g,h and i. For that reason the stock should fall back to $22. If the large B-wave is correct, $10 is not out of reach. (see previous blog). All charts enlarge with a click and can be moved, for instance if you wish to compare MSFT with INTC