There is a potential for a short to medium term trade here.  On the fundamental side, MSFT reported better than expected earnings.  On the technical side it is breaking out to an all time new high.  This trade is suitable only for those with experience with short-term trades.  If you take this trade, consider a stop below $56.73 and a potential target of $65 to $66.  The stock is trading at $60.02 as of this writing.