Intuit may rise to 715.00 - 731.00

Our pivot point stands at 635.

Our preference

The upside prevails as long as 635 is support.

Alternative scenario

The downside breakout of 635 would call for 610 and 595.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 641.754 and 625.1162).

Supports and resistances

746 **

731 *

715 **

699

666.15 (USD-last)

646

635 **

610 *

595 **

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