Microsoft may fall to 383.00 - 391.00

440 is our pivot point.

Our preference

The downside prevails as long as 440 is resistance.

Alternative scenario

Above 440, look for 456 and 464.

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 448.8205 and 439.0718).

Supports and resistances

464 **

456 *

440 **

435

425.27 (USD-last)

400

391 **

383 *

374 **

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