Microsoft may rise to 427.00 - 432.00

Pivot

416.40

Our preference

Long positions above 416.40 with targets at 427.00 & 432.00 in extension.

Alternative scenario

Below 416.40 look for further downside with 412.50 & 404.40 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

440.00

432.00

427.00

423.33 Last

416.40

412.50

404.40

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