Microsoft may fall to 384.00 - 391.00

Our pivot point is at 427.

Our preference

The downside prevails as long as 427 is resistance.

Alternative scenario

Above 427, look for 439 and 447.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 424.9985 and 417.7504).

Supports and resistances

447 **

439 *

427 **

422

416.32 (USD-last)

399

391 **

384 *

377 **

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