Microsoft Corp

MSFT is exhibiting Stage 4 distribution with a dominant Lower Highs & Lower Lows pattern; price has broken below the flattening 9- and 20-day EMAs and downward momentum is intact. Medium-term bias is bearish, and short-term conditions favor immediate sell-side execution near the short-EMA region upon any rally or rejection.

• ↑Q4 revenue $90B +18% YoY; Azure revenue >$100B +41%.
• ↑AI ARR >$37B +123% YoY; Copilot paid seats exceed 30M.
• ↓Negative earnings yield of -1.24 indicates overvaluation risks.