Apple Intraday: technical rebound towards 215.43 before a new drop
Apple (AAPL.US)
-1.87-0.90%
technical rebound towards 215.43 before a new drop
Our pivot point is at 215.43.
Our preference: technical rebound towards 215.43 before a new drop
Alternative scenario: above 215.43, look for 220.14 and 222.95.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (211.09) but below its 50 period moving average (211.60).
Supports and resistances:
222.95 **
220.14 *
215.43 **
213.57
211.21 USD - last
205.51
202.71 **
199.91 *
197.12 **
Our preference: technical rebound towards 215.43 before a new drop
Alternative scenario: above 215.43, look for 220.14 and 222.95.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price stands above its 20 period moving average (211.09) but below its 50 period moving average (211.60).
Supports and resistances:
222.95 **
220.14 *
215.43 **
213.57
211.21 USD - last
205.51
202.71 **
199.91 *
197.12 **
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