Apple may rise to 205.30 - 210.10

Our pivot point stands at 180.5.

Our preference

The upside prevails as long as 180.5 is support.

Alternative scenario

The downside breakout of 180.5 would call for 172.6 and 168.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 182.881 and 175.5776).

Supports and resistances

214.9 **

210.1 *

205.3 **

200.6

186.88 (USD-last)

183.5

180.5 **

172.6 *

168 **

Number of asterisks represents the strength of support and resistance levels.