The stock’s steepening fall last week put more distance between it and the all-time high a month ago at 430.82. That was just 24 cents from a longstanding target I’d said could cap the bull market begun in 2009. Perhaps it has, although I’d like to see MSFT fall at least 30%, to $300, before I consider the prediction fulfilled. Odds of this will shorten if the new week begins with just slight weakness. Anything exceeding 397.21 to the downside would breach three (!) external lows on the daily chart, creating a powerful impulse leg with devastating potential.