MSFT | The Wedge Has Spoken. Fibonacci Doesn’t Lie.
NASDAQ:MSFT | Daily | April 14, 2026
Microsoft just printed $391 and is pressing against the 0.541 fib ($397) after a textbook falling wedge breakout off the 0.382-0.447 confluence zone ($343-$365).
The Structure:
Price carved a descending wedge from the July 2024 highs near $513 (0.886 fib) all the way down to a double-tap of the 0.382 retracement at $343. That level held like a vault door. The 200 SMA (green) caught the fall, the wedge broke to the upside, and now we’re reclaiming the 50 SMA from below.
This is not a “hope trade.” This is geometry.
Key Levels:
Immediate resistance: 0.541 at $397. A daily close above this opens the door to 0.618 ($423) and then 0.786 ($480), which aligns with the heavy June $480C sweep flow we tracked today ($106K+ in premium, institutional size).
Support: 0.447 ($365) is the line in the sand. Below that, the thesis is invalidated.
The Macro Target:
The projected wedge breakout measured move lands squarely in the 1.382 fib extension zone at $681. That’s the blue channel projection on the chart. It’s ambitious. It’s also where math says this goes if the breakout holds and earnings deliver.
Flow Confirmation:
Today’s options flow showed $58M in MSFT premium. $46M calls vs $12M puts. 4:1 bullish skew. Blocks at $465C and $480C for May-June. The smart money is positioning for a multi-month grind higher, not a day trade.
The Play:
Watching for a clean daily close above $397. If it holds, I’m targeting $423 first, $480 second. Invalidation below $365.
Process over prediction. Risk-first, always.
WaverVanir International LLC | @WaverVanir
NFA. Educational purposes only. Not a licensed financial advisor. Do your own due diligence.