MSFT reported earnings and revenue topping numbers Tuesday night but the stock has skidded about 6% Wednesday. In this updated daily bar chart of MSFT, below, we can see that prices rallied to the declining 50-day moving average line and then gapped lower on Wednesday. The On-Balance-Volume (OBV) line has been weak into October. Read More...
MSFT reported earnings and revenue topping numbers Tuesday night but the stock has skidded about 6% Wednesday. In this updated daily bar chart of MSFT, below, we can see that prices rallied to the declining 50-day moving average line and then gapped lower on Wednesday. The On-Balance-Volume (OBV) line has been weak into October.
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