Microsoft may fall to 408.00 - 412.50

Pivot

420.00

Our preference

Short positions below 420.00 with targets at 412.50 & 408.00 in extension.

Alternative scenario

Above 420.00 look for further upside with 425.75 & 432.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

432.00

425.75

420.00

414.75 Last

412.50

408.00

404.00

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