Apple Intraday: the downside prevails as long as 297.55 is resistance
Apple (AAPL.US)
-1.43-0.49%
the downside prevails as long as 297.55 is resistance
Our pivot point is at 297.55.
Our preference: the downside prevails as long as 297.55 is resistance
Alternative scenario: above 297.55, look for 300.26 and 301.88.
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 price stands below its 20 and 50 period moving average (respectively at 297.07 and 298.16).
Supports and resistances:
301.88 **
300.26 *
297.55 **
294.92 USD - last
291.56
289.95 **
288.34 *
Our preference: the downside prevails as long as 297.55 is resistance
Alternative scenario: above 297.55, look for 300.26 and 301.88.
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 price stands below its 20 and 50 period moving average (respectively at 297.07 and 298.16).
Supports and resistances:
301.88 **
300.26 *
297.55 **
294.92 USD - last
291.56
289.95 **
288.34 *
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