MSFT: Break Above Downtrend Line Key for $531–$623 Microsoft CorporationBATS:MSFTchalasanirakesh1MSFT: Break Above Downtrend Line Key for $531–$623+ AI Continuation — Or Deeper Pullback First? Microsoft (MSFT) in a powerful multi-year uptrend since 2022 lows (~$224–$348 green supports), but pulled back from 2025 highs (~$531–$579–$623 red levels). Now testing strong support cluster (~$435–$469 blue/green, current price ~$459–$460 on status line). Key structure: Descending trend line (white) from recent highs acting as overhead resistance — prior rallies capped here. Bounce from $435–$453 zone holding so far. Bullish Path: Decisive break & close above the downtrend line (~$470–$500 zone) with volume would confirm continuation. Then path to $531.10 near-term, $578.96 medium, $623.16+ stretch (Fib extensions/prior highs) over 6–18 months. Tailwinds: Azure AI dominance, Copilot ramp, enterprise strength — analysts see ~$623–$630 average targets (+35%+ upside). Bearish Alternative: If trend line rejects, could see deeper pullback (e.g., retest $400–$435 or lower) before next leg up — but unlikely given fundamentals. Catalyst: Q2 FY2026 earnings Jan 28, 2026 — strong Azure/AI beat could spark the break. Watch: Hold above $435–$453 for bull case intact. Invalidation: Clean break below ~$435. High-conviction AI play — break the line and it's game on! Thoughts on earnings or tariff/macro impacts? Good luck & safe trading!! 🚀💻