Microsoft may fall to 401.00 - 408.00

Pivot

418.80

Our preference

Short positions below 418.80 with targets at 408.00 & 401.00 in extension.

Alternative scenario

Above 418.80 look for further upside with 424.00 & 430.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

430.00

424.00

418.80

415.73 Last

408.00

401.00

393.20

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