Microsoft may rise to 434.30 - 440.00

Pivot

418.00

Our preference

Long positions above 418.00 with targets at 434.30 & 440.00 in extension.

Alternative scenario

Below 418.00 look for further downside with 410.50 & 405.90 as targets.

Comment

The RSI is below its neutrality area at 50% but reversing up.

Supports and resistances

455.00

440.00

434.30

424.44 Last

418.00

410.50

405.90

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