Microsoft may rise to 424.00 - 432.00

Pivot

412.50

Our preference

Long positions above 412.50 with targets at 424.00 & 432.00 in extension.

Alternative scenario

Below 412.50 look for further downside with 404.40 & 397.50 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

440.00

432.00

424.00

419.00 Last

412.50

404.40

397.50

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