The world’s most important stock, supported by bombproof annual revenues approaching a quarter of a trillion dollars,+ has been trapped in a tedious range since July. Is it being distributed to widows and pensioners, or are the institutional geniuses who have held it forever simply marking time ahead of their next opportunity to mark it up? Whatever the case, it has been tightly controlled within a gently pitched channel that contains no breakouts or breakdowns. My gut feeling is that this is about to change with a gratuitous fall to 393.19, a voodoo number suited for aggressive bottom-fishing. I would suggest using a trigger interval no wider than 1.50 points, with the ‘c’ low planted within $1.00 or less of the voodoo.
MSFT – Microsoft (Last:415.05)
