$MSFT did not comply with my expectation for a post earnings rally. It's going to close the week below its 100 week MA and confirm that it made a major top in late July. However, the probable target for the next major low is the 200 week MA that is only 12% below current price.
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$MSFT did not comply with my expectation for a post earnings rally. It's going to close the week below its 100 week MA and confirm that it made a major top in late July. However, the probable target for the next major low is the 200 week MA that is only 12% below current price.