A I noted before, MSFT crossed the 200MA.
Yesterday’s results gave them a boost, keeping them above that 200 MA line. The gap is a sign to confirm the uptrend.
However, given the market sentiment last week (more volatility and MSFT from +9% to +5%), I’d expect MSFT to go down or sideways first, before further moving up.
Windows 7 came, and as I read consumers like it and those who did not go to VISTA will jump in now, increasing sales. Bing is doing well, but corporate spending on new PC’s (and thus windows) is not yet there.