The price is in correction; the probability of a decline remains.

On the daily chart, an ascending third wave of a higher level 3 has formed, and a correction as the fourth wave 4 is forming. Currently, the first wave (A) of 4 has finished, and an ascending correction as the second wave (B) of 4 is observed, within which the third wave C of (B) is ending. If the assumption is correct, after its completion, Microsoft Corp. shares will decline within the third wave (C) of 4 to the area of 352.50–290.00. The critical stop loss level for this scenario is 550.00.