Apple may fall to 221.00 - 225.75

Pivot

232.50

Our preference

Short positions below 232.50 with targets at 225.75 & 221.00 in extension.

Alternative scenario

Above 232.50 look for further upside with 237.00 & 241.00 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

241.00

237.00

232.50

229.14 Last

225.75

221.00

217.00

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