$Microsoft(MSFT)$
Zone: $529.79 to $537.26
Invalidation: close under $524.43
Objectives: $553.72, then $600
The math: up 3.8% to the first objective and 12.5% to the second, against 1.7% risk on the invalidation, better than 7 to 1 to the second.
This is a swing into earnings on October 28, and the picture is simple. Microsoft closed at 533.52 after buyers defended the October 16 low at 524.43, which is the one level that matters most right now. While that low holds, the road back to the 52 week high at 553.72 stays open, and past it sits the round 600 level where most analyst targets cluster. Earnings can move this name fast, so treat the invalidation like a guardrail and let the report do the heavy lifting.
P.S. Watch 551.15 on the way up, the October 13 high. A close above it would mean the run into October 28 is already under way.
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