Microsoft intraday : the upside prevails as long as 485.33 is support

Our pivot point is at 485.33.

Our preference: the upside prevails as long as 485.33 is support

Alternative scenario: below 485.33, expect 480.70 and 477.95.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 487.32 and 482.98).

Supports and resistances:

505.02 **

502.25 *

499.49 **

496.72

491.19 USD - last

487.14

485.33 **