Microsoft may rise to 492.00 - 501.00

Our pivot point is at 440.

Our preference

As long as 440 is support look for 492.

Alternative scenario

Below 440, expect 425 and 417.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 452.854 and 431.8952).

Supports and resistances

509 **

501 *

492 **

482

454.73 (USD-last)

446

440 **

425 *

417 **

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