Microsoft may fall to 365.00 - 374.00

Our pivot point is at 421.

Our preference

The downside prevails as long as 421 is resistance.

Alternative scenario

Above 421, look for 437 and 446.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 424.017 and 435.6652).

Supports and resistances

446 **

437 *

421 **

414

406.02 (USD-last)

384

374 **

365 *

356 **

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