MSFT – Microsoft (Last:465.95)

DaBoyz took advantage of bearish expectations that had been intensifying since the stock began its long dirge in the final days of October.  The rabid short-squeeze pushed MSFT to the top of the list of Friday’s percentage gainers. It also slightly pierced a midpoint Hidden Pivot resistance at 469.36 that is associated with a ‘D’ target at 500.03. Penetration was not sufficient to clinch more upside to the target, nor to guarantee the profitability of a ‘mechanical’ buy at the green line. (As things stand, it would rate a still-enticing ‘7.3’.)  A bullish trading bias is warranted now, as is the expectation that this behemoth’s continuing ascent will add buoyancy to the broad averages and the lunatic sector (aka ‘Magnificent Seven’).