Microsoft may fall to 396.00 - 404.50

Pivot

414.00

Our preference

Short positions below 414.00 with targets at 404.50 & 396.00 in extension.

Alternative scenario

Above 414.00 look for further upside with 427.00 & 435.00 as targets.

Comment

The RSI is mixed to bearish.

Supports and resistances

435.00

427.00

414.00

408.38 Last

404.50

396.00

390.00

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