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Microsoft Corp. (MSFT Stock) announced its quarterly earning with mixed signals

Today’s instrument is the Microsoft Corp.’s stock traded in Nasdaq exchange under the ticker MSFT.

Looking at the MSFT’s chart, we can see that it was lastly traded at around $242.

Last night, after the US market closed, it announced the quarterly earning with mixed signals. Today, we could expect a slight drop toward its support level at around $23,5 and if it is able to hold it above that level, then an upward reaction should be expected towards its closed price.

Chart

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AAATrade Team

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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