Stocks

Microsoft may fall to 405.00 - 413.00

2024-08-02

Pivot

427.50

Our preference

Short positions below 427.50 with targets at 413.00 & 405.00 in extension.

Alternative scenario

Above 427.50 look for further upside with 432.00 & 441.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

441.00

432.00

427.50

418.70 Last

413.00

405.00

390.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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