1
Microsoft Stock Price (NASDAQ: MSFT) fell 3.28% in the after-hours trading session.
2
MSFT stock price sustained above the 50-day and 200-day EMA showcasing uptrend.
3
Microsoft Corp beats the EPS estimates by 5.46% and revenue estimates by 1.27%.
Microsoft stock price (NASDAQ: MSFT) was down 3.28% in after hour trading session. It reacted negatively despite beating the quarterly earning estimates. MSFT stock is reversing after hitting the 52-week high at $366.78.
Microsoft shares witnessed profit booking and a sudden rise in selling volume is also visible indicating mild bearishness. However, the price is near to the 50-day EMA which is likely to act as immediate support for the bulls.
MSFT stock is sustaining above the 50-day and 200-day EMA showcases the trend is in an upward direction. Therefore, any short-term correction is likely to get absorbed by the buyers near the support levels.
At the end of April, Microsoft’s stock pr
We współpracy z: https://www.thecoinrepublic.com/2023/07/26/microsoft-stock-msft-stock-prepares-for-a-short-term-correction/
