SamSuka
The Long Investor
The Long Investor

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$MSFT TOP 20

$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

$MSFT TOP 20

Comments

For Long term buy and hold, what would be a good entry to start accumulating?

kensan

So now we have a rejection so far then

Gareth Neary

it did after hours yesterday though after earnings.

Vikash Singh


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