Why We Shorted the Top on MSFT Microsoft CorporationBATS:MSFTThecantillonreportEveryone is talking about "Momentum," but the real edge is in Mean Reversion. Two days ago, Microsoft rallied exactly into its Anchored VWAP (the blue line on my chart). The Logic: In a Bearish HTF Regime, the AVWAP acts as an "electric fence." It is where institutions reload shorts. The Trade: We entered at 480 (the touch). We placed our stop just above the structure. The Result: A clean rejection to 470. The Lesson: Don't chase price. Wait for price to return to value. I scan for these specific "Return to Value" setups every morning. See the full list in the link below.