Watch These Microsoft Stock Price Levels as Tech Giant Set to Report Earnings
Key Takeaways
- Microsoft shares fell slightly on Monday but remain near a record high ahead of the release of the company’s quarterly results on Wednesday.
- Since gapping decisively above the 200-day moving average in early May, Microsoft shares have trended steadily higher within an ascending channel.
- The measured move technique forecasts a potential upside target of $620. Investors should watch crucial support levels on Microsoft’s chart around $468 and $430.
Microsoft (MSFT) shares fell slightly on Monday but remain near a record high as investors await the scheduled release of the company’s quarterly results on Wednesday.
Just as with other Magnificent Seven companies, investors will be seeking updates on the tech giant’s…
