Microsoft may fall to 403.00 - 410.00

451 is our pivot point.

Our preference

Under pressure below 451.

Alternative scenario

Above 451, look for 463 and 470.

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 both 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.