Apple Intraday: as long as 306.4 is support look for 314.4

Apple (AAPL.US)
+3.76+1.23%
as long as 306.4 is support look for 314.4.
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Our pivot point stands at 306.4.

Our preference: as long as 306.4 is support look for 314.4.

Alternative scenario: the downside breakout of 306.4 would call for 303.6 and 302.

Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Apple is trading above both its 20 and 50 period moving average (respectively at 308.04 and 303.67).

Supports and resistances:
316.2 *
314.4 **
312.8
308.82 last
306.4 **
303.6 *
302 **

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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