MSFT edged slightly closer to the 493.67 midpoint support featured here last week. It is my minimum downside objective, but also an excellent spot to attempt tightly scripted bottom-fishing. I’ve redacted the full pattern, since I’m getting tired of seeing appealing rABCs get front-run. Others are bound to discover this one, since it is hardly obscure. But it is sufficiently compelling to work, so stay with it.
MSFT – Microsoft (Last:506.69)