MR. Softy....

Long term monthly chart of MSFT... Check out all the white space below $17.13...

5 year monthly.... MASSIVE H&S pattern

5 Yr Weekly

What can be reasonably predicted from the above?

1. At $20.71 there is some extreme support which is weakening with each failed attempt to break below. A break would fulfill the H&S pattern and a projected target below would be $36.95-$20.71 = $16.24.
2. Another bounce off of $20.71 which will ultimately fail at the 23.6% fib line or $24.54 and then finally break the $20.71 level.
   
   Either way Mr. Softy will eventually provide a nice short opportunity