The Pivot Points levels for Microsoft for the U.S. session:
PP: 458.04;S1: 454.35; S2: 452.24; S3: 448.55;R1: 460.15; R2: 463.84; R3: 465.95.
At the moment, the Pivot Points level is around 458.04. The opening of the market above this level indicates a higher probability of an upward movement intraday.
Trading recommendations:
The intraday support levels are the S1, the S2 and the S3.
The resistance levels R1, R2, and R3 are at 460.15, 463.84, and 465.95 respectively.
The signals to enter the market can be found both near the PP level and when a deeper rollback is formed near the S1, S2, S3 levels. The profit is fixed when the R1, R2, and R3 resistance levels are reached.
