Microsoft (MSFT) has broken out of a relative strength downtrend, recently climbing toward the top of the Yellow Neutral Zone in the SIA S&P 100 Index Report. Completing a bullish Ascending Triangle with a breakout over $230.00, shares have not looked back, establishing an uptrend of higher lows through the first half of 2021. Recently, the shares embarked on a new upleg with another bullish Ascending Triangle breakout over $262.50, which has continued through yesterday’s all-time high close near $277.75.