After large-scale cyberattack attempts on Microsoft SharePoint servers, company representatives reported possible data loss in the Microsoft Active Protections Program (MAPP), which is widely used to support security providers worldwide. The disruption affected more than 400 government agencies and corporations, including the U.S. National Nuclear Security Administration. Microsoft management accused Chinese hackers of attempting unauthorized access and restricted access for certain companies from China to its infrastructure. Details of the investigation were not disclosed, but the company confirmed it is ongoing.
The company’s financial report for Q3 will be published on October 28: revenue is expected at $75.35 billion, slightly below $76.40 billion in the previous quarter but significantly higher than $65.60 billion in the same period last year. Earnings per share (EPS) are forecast at $3.65, in line with the prior quarter and above $3.30 a year earlier.
The dividend payment date is set for September 11: investors will receive $0.83 per share, equivalent to a quarterly yield of 0.66%, compared to the sector average of 0.74%.
Support and Resistance Levels
On the daily chart, the price is trading above the support line of the ascending channel with dynamic boundaries of 540.00–490.00.
Technical indicators maintain a stable sell signal with potential for further strengthening: EMA fluctuations on the Alligator indicator remain downward, and the AO histogram is forming descending bars.
Support levels: 494.00, 462.00.
Resistance levels: 516.00, 540.00.
Trading Scenarios
If the price continues to decline and consolidates below 494.00, short positions will be relevant with a target of 462.00 and stop-loss at 505.00. Implementation period: 7 days or more.
If the price reverses and consolidates above 516.00, long positions will be relevant with a target of 540.00 and stop-loss at 506.00.
Scenario
Timeframe: Weekly
Recommendation: SELL STOP
Entry Point: 493.95
Take Profit: 462.00
Stop Loss: 505.00
Key Levels: 462.00, 494.00, 516.00, 540.00
Alternative Scenario
Recommendation: BUY STOP
Entry Point: 516.05
Take Profit: 540.00
Stop Loss: 506.00
Key Levels: 462.00, 494.00, 516.00, 540.00