Microsoft may fall to 405.00 - 412.00

Our pivot point is at 455.

Our preference

Target 412.

Alternative scenario

Above 455, look for 467 and 475.

Comment

The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is trading under its 20 day moving average (453.9025) but above its 50 day moving average (436.6668).

Supports and resistances

475 **

467 *

455 **

450

440.37 (USD-last)

420

412 **

405 *

397 **

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