Microsoft Pre-Quarter Analysis
For the short analysis, Microsoft's revenue shows potential weakness in the next quarterly announcement. As the global economy continues to weaken, high inflation continues to create hardships for companies and individuals. Investors are looking for good stability, in financials and to create a positive outlook for the next quarter's revenue. Investors will look forward to hearing the progress of the acquisition of Activision Blizzard .
In my opinion, I think that Microsoft's next quarter's revenue will be under what Wall Street expects. Their next quarter's outlook will be negative, causing the stock to drop over 6% within the next week. Before the quarter announcement on Tuesday at 4:30 Central time, there will be a before announcement pump, causing the stock to rise another 2%. Afterward, the stock will drop under $210 and will stay low for several weeks. For retail investors, keep an eye out for support lines before investing in Microsoft .
In my opinion, I think that Microsoft's next quarter's revenue will be under what Wall Street expects. Their next quarter's outlook will be negative, causing the stock to drop over 6% within the next week. Before the quarter announcement on Tuesday at 4:30 Central time, there will be a before announcement pump, causing the stock to rise another 2%. Afterward, the stock will drop under $210 and will stay low for several weeks. For retail investors, keep an eye out for support lines before investing in Microsoft .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.