Microsoft may rise to 461.00 - 470.00

Our pivot point is at 413.

Our preference

The upside prevails as long as 413 is support.

Alternative scenario

Below 413, expect 398 and 389.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 410.743 and 415.6282).

Supports and resistances

479 **

470 *

461 **

452

429.04 (USD-last)

419

413 **

398 *

389 **

Number of asterisks represents the strength of support and resistance levels.