Microsoft may fall to 372.00 - 382.00

Our pivot point is at 427.

Our preference

The downside prevails as long as 427 is resistance.

Alternative scenario

Above 427, look for 443 and 453.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 419.884 and 435.4856).

Supports and resistances

453 **

443 *

427 **

421

414.01 (USD-last)

391

382 **

372 *

363 **

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