Microsoft may rise to 477.00 - 484.00

Our pivot point stands at 437.

Our preference

As long as 437 is support look for 477.

Alternative scenario

Below 437, expect 425 and 418.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is below its 20 day moving average (454.4435) but above its 50 day moving average (435.393).

Supports and resistances

492 **

484 *

477 **

469

449.52 (USD-last)

442

437 **

425 *

418 **

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