Do or die her for $MSFT

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Do or die her for $MSFTMicrosoft CorporationNASDAQ:MSFTTrain4388Do or die here for $MSFT. It needs to hold the prior low above 350. If not the next stop is down at 345 and then 310. It's been very weak since the sell off from the January earnings report. It's hard to believe that it could test 300 after being at 560 not too long ago but the reality is that if they don't have an answer to investor concerns about the increased CAPX and decreased free cash than the next earning report that drops later this month could be the catalyst that causes one of the MAG7 to drop almost 50% in 8 months. The flip side is that it's possible the spending concerns are all priced in by the next earnings report and the HTF support in the 340-345 area is where the bounce finally comes. I will be watching the price action going into earnings. If we start to see strength I will assume the downside is already priced in and it's headed up. There is also the possibility that the daily is forming an inverse head and shoulders pattern. It would need to show the momentum and volume to support that but it's a possibility to watch. The fact is that MSFT is in a great risk/reward area right now. The potential downside to support is small and the upside in huge. It just needs to show us that it's ready to recover.