Energized by eight weeks of consolidation, MSFT has fist-pumped past a 430.58 target that had looked capable of stopping the bull in it tracks. It did, and quite precisely, but only for long enough to give bulls a running start on new record highs. They will nearly always be precisely targetable, and I’ve selected a conservative one for now to give us a confident handle on trend strength. Look for the stock to reach a minimum 452.35 this week, or 455.95 ii any higher. The latter number was calculated by sliding the point ‘A’ low down to a somewhat lower bottom a few bars to the left. Both numbers are shortable provided you use small-pattern triggers to cut the risk.
MSFT – Microsoft (Last:442.55)
