Intuit may rise to 709.00 - 727.00

Our pivot point stands at 620.

Our preference

The upside prevails as long as 620 is support.

Alternative scenario

Below 620, expect 589 and 571.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 631.1185 and 627.8226).

Supports and resistances

746 **

727 *

709 **

690

652.01 (USD-last)

632

620 **

589 *

571 **

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