Microsoft may rise to 451.00 - 458.00

Our pivot point stands at 409.

Our preference

Our next up target stands at 451.

Alternative scenario

The downside breakout of 409 would call for 398 and 392.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the stock is above its 20 and 50 day moving average (respectively at 420.06 and 420.1098).

Supports and resistances

465 **

458 *

451 **

444

427.51 (USD-last)

414

409 **

398 *

392 **

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