$Microsoft(MSFT)$
Zone: $529.22 to $536.68
Invalidation: close under $525.02
Objectives: $543.81, then $553.72
The math: up 2.0% to the first objective and 3.9% to the second, against 1.5% risk on the invalidation, about 2.6 to 1 to the second.
Microsoft closed at $532.95 on October 21 after buyers held the $525.02 low for a second day in a row. In plain terms, sellers pushed and the floor did not move. Earnings land on October 28, and that report will test whether cloud growth can carry the story, so holding above that low into the print keeps room open toward the October highs.
Watching $543.81 first, the October 16 high. A close above it puts the high near $553.72 in plain sight.
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