MSFT – Microsoft (Last:404.06)

MSFT has replaced AAPL on the list for the time being, since its chart is more fun to look at. This is notwithstanding the tonnage that has been distributed between 403 and 410 over the last three weeks.  It is real and it is heavy, but we know that DaBoyz are capable of rendering it insubstantial with a short-squeeze when conditions are right. My hunch is that they will still have to take the stock down by at least $3-$4 before they can set up the volumeless leap into a sunny-and-mild wafting zone above $410. We are still focused on a target at 430.58 (or possibly 437, which comes from the weekly chart) as the place where this aging bull market will seven out.