Microsoft stock forms first death cross in over 2 years — What's next?

Microsoft’s (NASDAQ: MSFT) stock technical setup is signaling more losses ahead as the equity faces bearish pressure, with investors digesting the company’s Q3 earnings report.In the last trading session, MSFT attempted a recovery, ending the day up almost 1% at $410.37. The recent sell-off has seen the stock drop nearly 5% on the weekly chart.MSFT one-day stock price chart. Source: Google Finance Looking at the technical indicators, MSFT has formed its first death cross since March 2022. Notably, this char ...