Microsoft may rise to 492.00 - 500.00

Our pivot point stands at 447.

Our preference

The upside prevails as long as 447 is support.

Alternative scenario

The downside breakout of 447 would call for 434 and 426.

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 449.8325 and 429.647).

Supports and resistances

508 **

500 *

492 **

483

459.54 (USD-last)

453

447 **

434 *

426 **

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