Intuit may rise to 668.00 - 691.00

Our pivot point stands at 565.

Our preference

Short term rebound towards 668.

Alternative scenario

The downside breakout of 565 would call for 527 and 504.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 602.648 and 618.1144).

Supports and resistances

714 **

691 *

668 **

646

595.7 (USD-last)

580

565 **

527 *

504 **

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