Microsoft may fall to 404.00 - 408.00

Pivot

419.00

Our preference

Short positions below 419.00 with targets at 408.00 & 404.00 in extension.

Alternative scenario

Above 419.00 look for further upside with 425.75 & 432.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

432.00

425.75

419.00

413.62 Last

408.00

404.00

399.00

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