Microsoft may fall to 379.00 - 387.00

Our pivot point stands at 425.

Our preference

The downside prevails as long as 425 is resistance.

Alternative scenario

Above 425, look for 438 and 445.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 426.542 and 417.9228).

Supports and resistances

445 **

438 *

425 **

421

414.57 (USD-last)

394

387 **

379 *

372 **

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