Projecting a path for $MSFT... a retrace to a 0.382 fib level (the 0.382 seems to repeat frequently) and a gap fill down gets me to an entry point on top of a nice vol shelf. A bounce off these levels starts to form a possible bull wedge.
MSFT
MSFT
Comment:
tracking...
Comment:
tracking...but still hasn't found it's way to the bottom of that zone to fill the gap or test that support line.
Comment:
gap in price (purple box) gets filled...
Comment:
tough breakdown on $MSFT - $260's looks inevitable.