Microsoft may rise to 420.25 - 423.75

Pivot

412.00

Our preference

Long positions above 412.00 with targets at 420.25 & 423.75 in extension.

Alternative scenario

Below 412.00 look for further downside with 408.00 & 401.00 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

428.85

423.75

420.25

415.18 Last

412.00

408.00

401.00

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