Apple Short Term: the downside prevails as long as 232.6 is resistance
Apple (AAPL.US)
-0.05-0.02%
the downside prevails as long as 232.6 is resistance.
Our pivot point stands at 232.6.
Our preference: the downside prevails as long as 232.6 is resistance.
Alternative scenario: above 232.6, look for 239.6 and 243.9.
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 share stands below its 20 and 50 day moving average (respectively at 228.0245 and 227.0392).
Supports and resistances:
243.9 **
239.6 *
232.6 **
229.6
225 (USD-last)
215.7
211.7 **
207.4 *
203.2 **
Our preference: the downside prevails as long as 232.6 is resistance.
Alternative scenario: above 232.6, look for 239.6 and 243.9.
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 share stands below its 20 and 50 day moving average (respectively at 228.0245 and 227.0392).
Supports and resistances:
243.9 **
239.6 *
232.6 **
229.6
225 (USD-last)
215.7
211.7 **
207.4 *
203.2 **
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