Apple Intraday: as long as 326.69 is support look for 342.09
Apple (AAPL.US)
+5.65+1.73%
as long as 326.69 is support look for 342.09
Our pivot point is at 326.69.
Our preference: as long as 326.69 is support look for 342.09
Alternative scenario: below 326.69, expect 322.03 and 319.25.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 330.26 and 322.66).
Supports and resistances:
344.89 *
342.09 **
339.28
333.23 USD - last
326.69 **
322.03 *
319.25 **
Our preference: as long as 326.69 is support look for 342.09
Alternative scenario: below 326.69, expect 322.03 and 319.25.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 330.26 and 322.66).
Supports and resistances:
344.89 *
342.09 **
339.28
333.23 USD - last
326.69 **
322.03 *
319.25 **
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