Microsoft may rise to 441.00 - 450.00

Our pivot point is at 398.

Our preference

Short term rebound towards 441.

Alternative scenario

The downside breakout of 398 would call for 384 and 375.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands above its 20 day moving average (412.6585) but below its 50 day moving average (433.461).

Supports and resistances

460 **

450 *

441 **

432

413.84 (USD-last)

405

398 **

384 *

375 **

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