Microsoft gapping to the downside after earnings

Microsoft gapped to the downside even though the earnings resulted in them accomplishing 19% annualized revenue growth which is the biggest quarterly increase the company has posted since 2018. but price still gapped to the downside, this is just a reaction to the earnings news and doesn't reflect the actual result of the news. but what this news tells us that the company is doing well and there could be optimism, so what we will be looking for is a possible exhaustion to previous high then buy pressure to come in and then we will look for a trade or to buy some shares for the continued move to the upside.