Microsoft may fall to 363.00 - 372.00

Our pivot point stands at 418.

Our preference

The downside prevails as long as 418 is resistance.

Alternative scenario

Above 418, look for 434 and 443.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 426.41 and 436.1348).

Supports and resistances

443 **

434 *

418 **

412

403.02 (USD-last)

382

372 **

363 *

354 **

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