How have the share prices of these two companies reacted? As for Microsoft, the answer is – no-how.
But for Amazon, the news has served as some kind of trigger which allowed its share price to break the upper border of its almost 1-year-long consolidation at the $3500 level.
What further scenarios are possible then?
It is most likely that the broken level will go through a retest, after which it will be possible to expect further growth in Amazon’s value.
This content is for informational purposes only and is not intended to be investing advice.