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A day after earnings, Microsoft bulls flood the floor

A day after earnings, Microsoft bulls flood the floor
Photo by Ed Hardie / Unsplash

That's right folks, Microsoft turned out to be one of traders' favorites.  They had their earnings last night and the guidance didn't sit well with the investors.  The stock sunk an hour or so after the call.

Today, bulls came out to take advantage of the sale.  The stock came back from the bottom at $230.90 to finish at $240.61.  The high today was $243.30.  Volume is around 66.49M compared to yesterday's 40.23M.

Tesla hit it out of the park with their earnings call. The stock closed at $144.43 at the regular session.  It went as high as $151.79 after hours after their earnings announcement.

Intel will have their earnings tomorrow.  Cheers.

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I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.