Microsoft may rise to 447.00 - 456.00

Our pivot point stands at 400.

Our preference

Short term rebound towards 447.

Alternative scenario

The downside breakout of 400 would call for 385 and 376.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands above its 20 day moving average (413.7745) but below its 50 day moving average (434.5974).

Supports and resistances

465 **

456 *

447 **

438

416.79 (USD-last)

406

400 **

385 *

376 **

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