MSFT – Microsoft (Last:415.12)

A bigger picture stretching back a year projects as high as 666.84, but we’ll stick with a smaller pattern for now that offers better form and clarity. It has signaled a move over the near term to as high as 464.66, but this has yet to be affirmed by a move through the midpoint Hidden Pivot (p=431.34).  That number can serve as a minimum upside projection for the week ahead, as well as a tool for positioning a ‘mechanical’ buy if the opportunity should present itself. As always, a decisive push past p would shorten the odds of achieving D.