Apple Intraday: The upside prevails as long as 344.77 is support
Apple (AAPL.US)
+4.43+1.29%
The upside prevails as long as 344.77 is support, with 351.78 and 353.50 as targets
Our pivot point is at 344.77.
Our preference: The upside prevails as long as 344.77 is support, with 351.78 and 353.50 as targets
Alternative scenario: below 344.77, expect 341.90 and 340.19.
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 345.32 and 343.21). The Apple is trading above its upper Bollinger band (standing at 347.86).
Supports and resistances:
355.21 *
353.50 **
351.78
348.32 USD - last
344.77 **
341.90 *
340.19 **
Our preference: The upside prevails as long as 344.77 is support, with 351.78 and 353.50 as targets
Alternative scenario: below 344.77, expect 341.90 and 340.19.
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 345.32 and 343.21). The Apple is trading above its upper Bollinger band (standing at 347.86).
Supports and resistances:
355.21 *
353.50 **
351.78
348.32 USD - last
344.77 **
341.90 *
340.19 **
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