The hourly chart is mildly bearish, albeit with no hint of a major top. That’s why I’ve reproduced the weekly chart, with its compelling target at 430.58, as a reminder of how close the stock is to hitting a resistance that it is unlikely to penetrate, much less brush aside. It will have help putting in a top from a few other lunatic-sector faves, including CMG and NFLX, which have maxed out their respective weekly charts. If MSFT struggles to push above Friday’s  412.06 high for a day or two, that would leave it vulnerable to a 50-point fall over the near term. We won’t attempt to short it, though, unless it pops to  430, so stay tuned.