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Thoughts on $MSFT and that 370 level
Watching $MSFT today, that push above 370, specifically hitting 376.61, feels significant after the recent consolidation. It's not just a new high, but the conviction with which it happened, closing well above its previous resistance, suggests a potential continuation. My read is that if we can hold above 370-372 on any pullback, especially if it's shallow, the path of least resistance looks up. The risk to that view, obviously, would be a swift rejection back below that 370 mark and a daily close underneath it, which would suggest this breakout was a false one and we could see a retest of the lower range around 355.
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