Apple may fall to 196.00 - 201.00

Pivot

216.00

Our preference

Short positions below 216.00 with targets at 201.00 & 196.00 in extension.

Alternative scenario

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

Comment

The RSI calls for a new downleg.

Supports and resistances

230.40

224.75

216.00

207.13 Last

201.00

196.00

183.00

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