MSFT, Z update August 22

MSFT: we continue to favor further upside as a bullflag appears to be forming (black lines) targeting $60. Our $64 upside remains.



Z: new ticker. If counted correctly we can see so far 4 waves up from the February ATL. A possible 5th wave up would target $44.50-$44.75 based on 5=1 and symmetry breakout. Price found nicely support at the $33ish level (resistance became support) and will need to hold it to keep advancing.