Microsoft may rise to 427.00 - 432.00

Pivot

419.50

Our preference

Long positions above 419.50 with targets at 427.00 & 432.00 in extension.

Alternative scenario

Below 419.50 look for further downside with 416.40 & 412.50 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

440.00

432.00

427.00

424.93 Last

419.50

416.40

412.50

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