Apple Intraday: as long as 298 is support look for 305.4
Apple (AAPL.US)
+3.76+1.23%
as long as 298 is support look for 305.4.
Our pivot point is at 298.
Our preference: as long as 298 is support look for 305.4.
Alternative scenario: below 298, expect 295.2 and 293.6.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Apple is trading above both its 20 and 50 period moving average (respectively at 300.22 and 298.45).
Supports and resistances:
307 *
305.4 **
303.6
300.23 last
298 **
295.2 *
293.6 **
Our preference: as long as 298 is support look for 305.4.
Alternative scenario: below 298, expect 295.2 and 293.6.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Apple is trading above both its 20 and 50 period moving average (respectively at 300.22 and 298.45).
Supports and resistances:
307 *
305.4 **
303.6
300.23 last
298 **
295.2 *
293.6 **
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