Microsoft may fall to 385.50 - 397.50

Pivot

410.00

Our preference

Short positions below 410.00 with targets at 397.50 & 385.50 in extension.

Alternative scenario

Above 410.00 look for further upside with 417.00 & 427.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

427.00

417.00

410.00

405.47 Last

397.50

385.50

360.00

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