Intuit may rise to 709.00 - 728.00

620 is our pivot point.

Our preference

The upside prevails as long as 620 is support.

Alternative scenario

The downside breakout of 620 would call for 589 and 570.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 631.125 and 627.8252).

Supports and resistances

746 **

728 *

709 **

690

652.14 (USD-last)

632

620 **

589 *

570 **

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