Stocks

Microsoft may rise to 433.00 - 440.00

2024-05-22

Pivot

424.50

Our preference

Long positions above 424.50 with targets at 433.00 & 440.00 in extension.

Alternative scenario

Below 424.50 look for further downside with 418.00 & 411.60 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

450.00

440.00

433.00

429.00 Last

424.50

418.00

411.60

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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