Microsoft may fall to 383.00 - 392.00

Our pivot point stands at 441.

Our preference

The downside prevails as long as 441 is resistance.

Alternative scenario

The upside breakout of 441 would call for 456 and 465.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 450.204 and 438.8994). Finally, Microsoft is trading below its lower daily Bollinger band (standing at 424.83).

Supports and resistances

465 **

456 *

441 **

436

418.49 (USD-last)

400

392 **

383 *

374 **

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