Microsoft may rise to 418.00 - 424.00

Pivot

404.50

Our preference

Long positions above 404.50 with targets at 418.00 & 424.00 in extension.

Alternative scenario

Below 404.50 look for further downside with 401.00 & 395.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

430.00

424.00

418.00

407.00 Last

404.50

401.00

395.00

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