Microsoft's stock returned lower in the intraday levels, recording a loss of 0.44% in the last session, or 0.23 points, with ongoing negative pressure from the SMA for the last 50 days period, after settling below the pivotal resistance of 52.81, representing the ratio 23.6% of Fibonacci retracement levels for an ascending wave in the medium term (from 39.72 to 56.85), coinciding with relative power indicators reaching relatively overbought levels compared to the stock's movement. 

Therefore we expect more losses to come for the stock, as long as the resistance of 52.81 held on, targeting the support of 50.31, which represents the ratio 38.2% of the same retracement levels mentioned earlier.