Apple Short Term: look for a drop towards 213.7 before a bounce
Apple (AAPL.US)
-1.08-0.46%
look for a drop towards 213.7 before a bounce.
213.7 is our pivot point.
Our preference: look for a drop towards 213.7 before a bounce.
Alternative scenario: below 213.7, expect 205.5 and 200.9.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 224.735 and 223.0692).
Supports and resistances:
247.7 **
242.8 *
238.1 **
233.2
222.77 (USD-last)
216.7
213.7 **
205.5 *
200.9 **
Our preference: look for a drop towards 213.7 before a bounce.
Alternative scenario: below 213.7, expect 205.5 and 200.9.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 224.735 and 223.0692).
Supports and resistances:
247.7 **
242.8 *
238.1 **
233.2
222.77 (USD-last)
216.7
213.7 **
205.5 *
200.9 **
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