Intuit may fall to 478.00 - 499.00

603 is our pivot point.

Our preference

The downside prevails as long as 603 is resistance.

Alternative scenario

Above 603, look for 640 and 662.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 625.976 and 627.1402).

Supports and resistances

662 **

640 *

603 **

589

572.06 (USD-last)

521

499 **

478 *

457 **

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