Workflow
Microsoft forms second death cross in a month; Will MSFT finally crack?
MSFTMicrosoft(MSFT) Finbold·2024-11-26 12:39

After a fairly strong, if comparatively underwhelming, year, the technology giant Microsoft (NASDAQ: MSFT) appears to have entered the danger zone in the stock market in November.Specifically, MSFT shares have, within the same month, twice signaled an imminent price drop with one of the most prominent bearish indicators: the death cross.MSFT stock price chart with three most recent death crosses. Source: @barchartThe death cross is a technical analysis signal that appears once the short-term moving average ...