Microsoft Stock Has Support Ahead of Earnings

Microsoft Corp (NASDAQ:MSFT) is up 1.7% at $407.61 today, bouncing off familiar support at the $400 level. The equity is one of the 'Magnificent Seven' stocks that staged a sharp pullback last week as Big Tech slid.MSFT is also seeing support at a historically bullish trendline, its 100-day moving average.  Per Schaeffer's Senior Quantitative Analyst Rocky White, the security has come within one standard deviation of this moving average five times over the past three years, after which it was higher one mon ...