Analyzing Microsoft's Balance Sheet: A Snapshot of Financial Health
Microsoft Corporation, a global leader in technology and software solutions, demonstrates robust financial performance through its recent balance sheet disclosures. Analyzing data from March 31, 2024, and June 30, 2024, alongside trends over the past six quarters, provides valuable insights into...
A higher high has been formed suggesting a short term change in trend.
However, there is no confirmation until the $316 region is taken out.
As long as we remain below $316, expect bounces to be sold.
In the near term, I expect $250-$260 zone to be a good buying opportunity.
As long as last week's $246 low holds, expect dips to be bought for a move to...
MSFT & NVDA had a nice little run lately. Both are looking mighty bearish to me, but rather wait for 2nd entries on these names. Anything can change of course, but watching for a break of $200 on $MSFT.
Tested resistance at 84.91 twice and broke through. Reistance has become new support which it has tested several days since mid-December. I expect it to test again where I am placing a buy.
