Microsoft may rise to 466.00 - 473.00

Our pivot point is at 427.

Our preference

The upside prevails as long as 427 is support.

Alternative scenario

The downside breakout of 427 would call for 414 and 407.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 426.9645 and 417.6204).

Supports and resistances

481 **

473 *

466 **

458

442.57 (USD-last)

432

427 **

414 *

407 **

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