Microsoft may rise to 450.00 - 460.00

Our pivot point is at 405.

Our preference

Short term rebound towards 450.

Alternative scenario

Below 405, expect 389 and 379.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands above its 20 day moving average (417.5845) but below its 50 day moving average (435.6518).

Supports and resistances

470 **

460 *

450 **

440

421.04 (USD-last)

411

405 **

389 *

379 **

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