poncy does think that microsoft is pretty major bought.tionally any reading above 70 is considered overbought territory. poncy notes that when microsoft got overbought in the recent pass, your best course of action has been to wait for the stock to come down. >> you'll get your chance to buy closer to the 50-day moving average. maybe we can get it right here, maybe that's possible. of course it's not just microsoft. just last night, we spoke with the divisionary ceo of salesforce.com, cloud king. look at this, the stock's been on fire, as you can see from the daily chart. poncy points out that the daily -- another one's doing the same thing, but more important, the stock has spent the past month performing a bully consolidation pattern. it's done so on low volume, which poncy says is pretty normal. right now they think that traders are waiting for salesforce to break out to the up side on high volume. i like salesforce and if you're going to wait, i suggest a pull back so you can pick it up on weakness, but if you don't get a pull back, an