Microsoft may rise to 433.50 - 440.00

Pivot

424.50

Our preference

Long positions above 424.50 with targets at 433.50 & 440.00 in extension.

Alternative scenario

Below 424.50 look for further downside with 418.00 & 411.60 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

450.00

440.00

433.50

428.83 Last

424.50

418.00

411.60

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