MSFT - One more slight lower low before a move higher?

MSFT is key leadership in the market. Most of the market has been correcting since early/mid June while AppleSoft has continued to rip higher. Seems like this is more of a catchup trade vs the leadership rolling over. Very possible we need one slight lower low to complete the 5-3-5 flat, tag the bottom of the channel before moving higher. Thoughts??