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Microsoft Stock Is No Longer A Buy Now; Instead, Keep Watching This Long-Term Moving Average

DAVID SAITO-CHUNG
·10 分鐘文章
Microsoft Stock Is No Longer A Buy Now; Instead, Keep Watching This Long-Term Moving Average

Enterprise software juggernaut Microsoft, like most tech stocks, had started September on the wrong foot. Shares also experienced heavier selling pressure after an Oppenheimer research analyst reduced his forecast for Microsoft's Azure cloud computing revenue for the fiscal year ending in June 2025. Definitely, shares are still not ready for a new breakout and a big run to all-time highs, which would make every investor owning Microsoft stock happy.

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