Here is another look at the monthly chart of Microsoft, which I presented late last year. Note the breakout and perfect retrace, or throwback, to the resistance trendline. If this breakout has legs, I expect bulls to arrive impressively in the next week or two.

It should be obvious that Microsoft is past its fast-paced growth cycle in the 1980′s and 1990′s. However, we are going on twelve-plus years of sideways consolidation now. I do not expect all-time highs anytime soon. However, a run into the $30′s is attainable if this throwback holds true.

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