Apple Short Term: The upside prevails as long as 323.97 is support

Apple (AAPL.US)
+3.41+1.01%
The upside prevails as long as 323.97 is support, with 360.89 and 369.89 as targets
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Our pivot point is at 323.97.

Our preference: The upside prevails as long as 323.97 is support, with 360.89 and 369.89 as targets

Alternative scenario: below 323.97, expect 309.17 and 300.37.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 period moving average (respectively at 319.96 and 307.83).

Supports and resistances:
378.89 *
369.89 **
360.89
340.08 USD - last
323.97 **
309.17 *
300.37 **

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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