Microsoft Tokenized Stock: Fundamentals Trump Bearish Positioning
Microsoft's tokenized stock is trading at $488.55 on Binance Futures, with smart money running a 58.8% short position.
The stock has been hovering in a tight compression between $484 and $493, just below the SMA 20 at $491.69 and almost exactly on the SMA 7 at $486.05.
Despite the bearish positioning, Wall Street's 47-analyst consensus is strongly bullish, with 42 buy ratings and only 5 neutral ratings.
The company's recent fiscal quarter delivered $90 billion in revenue, with Azure accelerating at 39% year-over-year growth and AI monetization story not being theoretical anymore.