Microsoft may rise to 445.00 - 451.00

Our pivot point is at 414.

Our preference

The upside prevails as long as 414 is support.

Alternative scenario

The downside breakout of 414 would call for 404 and 398.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 419.3555 and 420.479).

Supports and resistances

457 **

451 *

445 **

438

424.73 (USD-last)

418

414 **

404 *

398 **

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