Microsoft may fall to 408.00 - 415.00

Pivot

424.50

Our preference

Short positions below 424.50 with targets at 415.00 & 408.00 in extension.

Alternative scenario

Above 424.50 look for further upside with 433.50 & 440.00 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

440.00

433.50

424.50

417.85 Last

415.00

408.00

400.00

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