Since MSFT shredded the 462.80 target featured here last week, albeit without the usual ballyhoo, the stock must be presumed bound for the 509.40 target shown in the chart. This Hidden Pivot was mentioned earlier as an alternative possibility, but I also told you to be on your guard against a possible top at 494.23, midway between p2 and D. Few chartists would be looking for a turn there, and that is why we should. Your trading bias should be bullish in the meantime, at least until p2=479.06 is achieved.
MSFT – Microsoft (Last:467.56)
