The stock’s coy poke above the 434 high from January 6 was bullish, but the rally would need to continue above a second peak at 440.94 recorded ten days earlier to affirm the bullish case. Several profitable ‘mechanical’ buys have triggered at the green line, but the only one signaled so far at the red line was a loser, hinting that the uptrend, such as it is, has weakened. Watch for DaBoyz to pull out all the stops to distribute MSFT at relatively rich prices. They did it last week with two gap-up openings, and they will likely use the same strategy until it temporarily stops working.
MSFT – Microsoft (Last:429.03 )
