Apple Short Term: target 198.5
Apple (AAPL.US)-1.52-0.68%
target 198.5.
![image](https://resource.mistorebox.com/pmsync/images/strategy/20240726/aaplusd240726225050.gif)
Our pivot point stands at 228.1.
Our preference: target 198.5.
Alternative scenario: above 228.1, look for 237.4 and 243.2.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day moving average (224.4405) but above its 50 day moving average (209.0984).
Supports and resistances:
243.2 **
237.4 *
228.1 **
224.6
217.49 (USD-last)
203.9
198.5 **
192.9 *
187.6 **
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