Microsoft may fall to 403.00 - 410.00

Our pivot point is at 451.

Our preference

Under pressure below 451.

Alternative scenario

The upside breakout of 451 would call for 463 and 470.

Comment

The RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the share stands below its 20 and 50 day moving average (respectively at 453.473 and 437.2222).

Supports and resistances

470 **

463 *

451 **

446

437.11 (USD-last)

418

410 **

403 *

396 **

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