$MSFT TOP 20
Added 2025-01-30 12:04:04 +0000 UTCDown -3% in the PM now after its earnings report yesterday after the close
Bringing the price action back to the 200 Day MA once again after a lacklustre report
History will show it is a a double beat but the details were concerning
Azure growth missed targets, FCF missed estimates and Cloud revenue missed estimates too
So for me, it still does not change my bearish view here on $MSFT and holding below the 200 Day MA is a signal to me that Wave C should be confirmed next.
Comments
Beat Revs and EPS
TommyJR
2025-01-31 03:57:22 +0000 UTCAI Overview Learn more A "double beat" in stocks refers to a situation where a company reports earnings that significantly exceed market expectations not just once, but twice in a relatively short period, often in consecutive quarters, indicating strong and sustained positive performance that could lead to a significant stock price increase.
swan786
2025-01-31 03:08:56 +0000 UTCWhat is the meaning of "double beat"?
Mariyan Dimitrov
2025-01-30 13:10:03 +0000 UTC
