Apple Short Term: the downside prevails as long as 266.10 is resistance
Apple (AAPL.US)
-5.69-2.23%
the downside prevails as long as 266.10 is resistance
Our pivot point is at 266.10.
Our preference: the downside prevails as long as 266.10 is resistance
Alternative scenario: above 266.10, look for 278.53 and 285.93.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 262.75 and 262.71). Finally, the Apple is trading below its lower Bollinger band (standing at 250.95).
Supports and resistances:
285.93 **
278.53 *
266.10 **
250.12 USD - last
235.11
227.91 **
220.71 *
Our preference: the downside prevails as long as 266.10 is resistance
Alternative scenario: above 266.10, look for 278.53 and 285.93.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 262.75 and 262.71). Finally, the Apple is trading below its lower Bollinger band (standing at 250.95).
Supports and resistances:
285.93 **
278.53 *
266.10 **
250.12 USD - last
235.11
227.91 **
220.71 *
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