Apple Short Term: under pressure below 227.9
Apple (AAPL.US)
-1.08-0.46%
under pressure below 227.9.
Our pivot point is at 227.9.
Our preference: under pressure below 227.9.
Alternative scenario: above 227.9, look for 235.9 and 240.7.
Comment: the RSI is below 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 trading under both its 20 and 50 day moving average (respectively at 224.613 and 222.901).
Supports and resistances:
240.7 **
235.9 *
227.9 **
224.6
220.11 (USD-last)
207.4
202.6 **
197.9 *
193.1 **
Our preference: under pressure below 227.9.
Alternative scenario: above 227.9, look for 235.9 and 240.7.
Comment: the RSI is below 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 trading under both its 20 and 50 day moving average (respectively at 224.613 and 222.901).
Supports and resistances:
240.7 **
235.9 *
227.9 **
224.6
220.11 (USD-last)
207.4
202.6 **
197.9 *
193.1 **
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