Microsoft may rise to 461.00 - 470.00

Our pivot point stands at 414.

Our preference

The upside prevails as long as 414 is support.

Alternative scenario

The downside breakout of 414 would call for 398 and 389.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 413.214 and 416.171).

Supports and resistances

480 **

470 *

461 **

452

427 (USD-last)

419

414 **

398 *

389 **

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