MSFT – Elliott Wave Roadmap

The structure is developing exactly as expected.

My primary scenario remains:

→ $538: potential completion of Wave 1
→ $440: Wave 2 retracement / accumulation zone
→ $740: projected Wave 3 target

The $538 area is particularly interesting as it aligns with the 1.618 Fibonacci extension, making it a strong candidate for the completion of the first impulsive move.

If Wave 1 completes around $538 and the following correction holds the $440 area, the larger bullish structure would remain intact and could set the stage for a powerful Wave 3 toward $700–740.

538 → 440 → 740

That’s the roadmap.

Let’s see if the market confirms the structure.