Apple may fall to 196.00 - 204.00

Pivot

216.00

Our preference

Short positions below 216.00 with targets at 204.00 & 196.00 in extension.

Alternative scenario

Above 216.00 look for further upside with 224.75 & 230.40 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

230.40

224.75

216.00

209.29 Last

204.00

196.00

183.00

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