$MSFT has released its earnings report and it was good as expected with no surprises.
Price is having a modest bounce today as the market I suspect was expecting things to be normal from their report.
Most importantly the price has not tested the 50 Day MA yesterday from below, in spite of the positive earnings.
The day is still young but we want to see a test, along with the market to see how it behaves at this crucial resistance level.
$412 is the level here for $MSFT
kensan
2024-04-26 22:51:02 +0000 UTCGareth Neary
2024-04-26 14:30:45 +0000 UTCVikash Singh
2024-04-26 14:29:26 +0000 UTC