Microsoft may rise to 457.00 - 465.00

Our pivot point stands at 416.

Our preference

The upside prevails as long as 416 is support.

Alternative scenario

The downside breakout of 416 would call for 401 and 392.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 415.8095 and 416.5478).

Supports and resistances

474 **

465 *

457 **

448

430.32 (USD-last)

421

416 **

401 *

392 **

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