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Microsoft stock price prediction as ‘death candle' hits
MicrosoftMicrosoft(US:MSFT) Finbold·2024-07-31 10:04

After a massive global IT outage, which brought multiple industries to a standstill on July 19, troubles have continued for Microsoft (NASDAQ: MSFT) stocks, the price of which has steadily declined since and has recently even demonstrated a ‘death candle’ on its chart, signalling more difficulties.Indeed, MSFT stock has manifested a ‘death candle,’ which usually refers to a sharp and substantial downward price movement indicating a bearish sentiment in a single trading session, according to the candlestick ...