Microsoft may rise to 477.00 - 484.00

Our pivot point stands at 437.

Our preference

The upside prevails as long as 437 is support.

Alternative scenario

The downside breakout of 437 would call for 425 and 418.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 437.1815 and 422.645).

Supports and resistances

491 **

484 *

477 **

470

446.95 (USD-last)

442

437 **

425 *

418 **

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