Apple Short Term: the downside prevails as long as 212.16 is resistance
Apple (AAPL.US)
-0.35-0.17%
the downside prevails as long as 212.16 is resistance
Our pivot point is at 212.16.
Our preference: the downside prevails as long as 212.16 is resistance
Alternative scenario: above 212.16, look for 228.22 and 237.77.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 209.21 and 224.49).
Supports and resistances:
237.77 **
228.22 *
212.16 **
205.85
198.15 USD - last
168.23
159.32 **
150.41 *
141.50 **
Our preference: the downside prevails as long as 212.16 is resistance
Alternative scenario: above 212.16, look for 228.22 and 237.77.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 209.21 and 224.49).
Supports and resistances:
237.77 **
228.22 *
212.16 **
205.85
198.15 USD - last
168.23
159.32 **
150.41 *
141.50 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
