Microsoft can go two ways.

First off, a bullish rectangle continuation pattern is about to form. The target is severely exaggerated, but expect Microsoft to hit around the $190 mark. The MACD is also recovering from the correction, and looks to cross up anytime this week. The other option that can happen is that Microsoft follows a pitchfork , and has the blue line on the bottom can become it's new support. Either way, expect a recovery from the correction anytime this week.