Intuit may rise to 716.00 - 731.00

Our pivot point stands at 645.

Our preference

The upside prevails as long as 645 is support.

Alternative scenario

The downside breakout of 645 would call for 620 and 605.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 637.93 and 634.6678).

Supports and resistances

746 **

731 *

716 **

701

667.82 (USD-last)

655

645 **

620 *

605 **

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