1
MSFT stock price is up 3.62% in the pre-open session and is likely to open Gap up.
2
Microsoft stock price succeeded in defending the 50-day EMA support.
3
Microsoft Corporation beats EPS as well as revenue estimates.
Microsoft Corporation, MSFT stock price is up by 3.62% (approx.) in the pre-open session. It indicates that investors react positively to the quarterly earnings and the stock is likely to open a gap in the regular session.
Microsoft stock price sustains above the 50-day EMA showcase uptrend. The stock price consolidated for some time in the narrow range and formed a short-term base.
In the recent up move, the price might open near $342.00 and buyers may give another attempt for a breakout.
In mid-September, MSFT stock price faced rejection from $342.00 so it turned out to be a hurdle for bulls. At present, if buyers succeed in breaking the $342.00 hurdle then prices may rally to $350.00.
Microsoft Corporation release
We współpracy z: https://www.thecoinrepublic.com/2023/10/25/msft-stock-microsoft-stock-reacts-positively-after-earnings/
