Microsoft may rise to 424.00 - 432.00

Pivot

409.00

Our preference

Long positions above 409.00 with targets at 424.00 & 432.00 in extension.

Alternative scenario

Below 409.00 look for further downside with 404.40 & 397.50 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

440.00

432.00

424.00

416.49 Last

409.00

404.40

397.50

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