Microsoft Corp (MSFT) 2 Day Up Streak Broken, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart

Microsoft Corp 4 Hour Price Update

Updated August 05, 2020 04:39 PM GMT (12:39 PM EST)

The price of MSFT fell $-0.88 (-0.41%) over the past four hours. For context, Microsoft Corp’s peers in the in the Business Services industry are up 0.05% on average in this time, while its peers in the broader Technology sector are down by an average of -0.07%.

Microsoft Corp Daily Price Recap

The back and forth price flow continues for Microsoft Corp, which started today off at 213.29 US dollars, down 1.5% ($3.25) from yesterday. The change in price came along side change in volume that was down 37.28% from previous day, but up 23.74% from the Tuesday of last week. The daily price chart of Microsoft Corp below illustrates.


Microsoft Corp Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For another vantage point, consider that Microsoft Corp’s price has gone up 5 of the previous 10 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about MSFT:

    $QQQ $AMZN $AAPL $MSFT $GOOG lolol you crazy belligerent pshycotic hallucinating bored little men. You think this makes you guys ballsy? You're NUTS. Go play blackjack much better odds in the long run. I can't wait until these 30x values BURST and you bulls are never to be heard from again. A third of the country got wiped out, people haven't paid rent in 5 months. and big tech gets its ass kissed on CNBC 247.

    Use your LOGIC. Buffet isn't sitting on CASH and financials for no reason. He called this from the start for what it was: mass uncertainty and risks even his team isn't close to even considering making.