MSFT, Microsoft, update

First the usual then ( March 2, 2012) and now charts;

msft smsft jul 2012 s

The stock stopped dead in its tracks at exactly the right level two weeks later. It should drop to the lowest point of the triangle as a minimum, that is $22 or down about 30% from here. Looking at the big picture, much lower levels are possible and likely.

msft jul 2012 b

See also previous blog.