Apple Intraday: Decline at a crossroads

Apple (AAPL.US)
-0.51-0.15%
Despite the current recovery, 341.02 remains our main target as long as 348.65 is resistance
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Our pivot point is at 348.65.

Our preference: Despite the current recovery, 341.02 remains our main target as long as 348.65 is resistance

Alternative scenario: above 348.65, look for 351.26 and 352.81.

Comment: Prices are now within reach of our first target, a level that could trigger a pullback. On the flip side, a decisive break below it may extend the current decline.

Supports and resistances:
352.81 **
351.26 *
348.65 **
342.30 USD - last
341.02
339.48 **
337.94 *

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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