LG, wahz, et al, it looks to me like there are two falling S/R lines in play in the immediate future. The 9/00 line, which defines the upper edge of Microsoft Gulch, and the March-May 2002 line, which defines the lower edge of MSFT Gulch.
Here are charts showing both lines. (Sorry, there's no way I could get them onto the same chart without having it look like a big smudge.)