Apple Intraday: Rebound towards 316.86

Apple (AAPL.US)
-24.84-7.45%
Rebound towards 316.86
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Our pivot point is at 302.35.

Our preference: Rebound towards 316.86

Alternative scenario: below 302.35, expect 298.93 and 296.90.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. The price stands below its 20 and 50 period moving average (respectively at 313.27 and 328.58).

Supports and resistances:
318.93 *
316.86 **
314.79
309.26 USD - last
302.35 **
298.93 *
296.90 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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