Microsoft may fall to 383.00 - 391.00

Our pivot point stands at 441.

Our preference

The downside prevails as long as 441 is resistance.

Alternative scenario

The upside breakout of 441 would call for 456 and 465.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 446.094 and 439.1734).

Supports and resistances

465 **

456 *

441 **

435

422.42 (USD-last)

400

391 **

383 *

374 **

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