Microsoft may rise to 418.00 - 424.00

Pivot

404.50

Our preference

Long positions above 404.50 with targets at 418.00 & 424.00 in extension.

Alternative scenario

Below 404.50 look for further downside with 401.00 & 395.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

430.00

424.00

418.00

411.86 Last

404.50

401.00

395.00

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