ContraryTrader

300 Then back down 265-270

NASDAQ:MSFT   MICROSOFT CORP
Broke across the split channel last week (White line).
Should reach to 298-300 with this next earnings pump.

over bought on RSI
Outside bollinger band on weekly.

Earnings price is cooked in here since this has been running 10% since past earnings in april.
Remember the run up before earnings and the 8$ dump? thats because the 10% move was made in early april with the announcement of pentagon deal. we're in the same situation now. Im looking for a 15% correction starting right after this earnings and a retracement back to channel bottom

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