:max_bytes(150000):strip_icc()/MSFTChart-9295acafa2d94708be6618b932d22494.gif?ssl=1 "Watch These Microsoft Price Levels as Stock Surges on AI Cloud Growth")
Key Takeaways
- Microsoft shares surged in extended trading Wednesday after the company issued quarterly results and guidance that topped Wall Street’s expectations. boosted by strong growth in its cloud business.
- The stock looks set to build on recent upward momentum after a successful retest of the top trendline of a falling wedge pattern, potentially setting the stage for a longer-term bullish reversal.
- Investors should watch two key overhead areas on Microsoft’s chart around $442 and $468,…
Article Source
https://www.investopedia.com/watch-these-microsoft-price-levels-as-stock-surges-on-ai-cloud-growth-earnings-msft-11725462
