Microsoft ($MSFT) - Potential Bounce from Support

📈 Day-Trade Setup:
- Entry: $434
- Stop-Loss: $432 (tight risk management)
- Target 1: $439
- Target 2: $445

Rationale:
Microsoft is showing signs of a potential reversal after hitting key support levels around $432-$434.

This level aligns with prior demand zones, and a recovery is anticipated based on Elliott Wave projections and Fibonacci retracements.

- Target 1 ($439): Represents the 0.382 Fibonacci retracement and aligns with interim resistance.
- Target 2 ($445): Aligns with the 0.618 and 0.65 Fibonacci retracement levels, completing Wave C.

Risk Management:
Position size is adjusted for a 1% account risk.

Outlook:
This trade leans on technical patterns and tight risk-reward dynamics. Microsoft continues to be fundamentally strong, with its cloud and AI initiatives fueling long-term growth.

Let's see if this rebound materializes! 🚀