Microsoft MSFT is currently testing a level that has historically marked the bottom for long-term investors. For the third time in the last 4 years, MSFT has come down to touch its 200-week SMA. Each of the previous two times MSFT hit this line, it served as a launchpad for a massive new bull rally. We aren't looking for a v-shaped recovery overnight. What we want to see is MSFT reclaiming and holding the 200W SMA as support. If history repeats itself, this is a time for planning. Reclaiming this level would be a major signal that the downtrend is exhausting and a new macro uptrend is about to begin.(Ali Charts)