Stocks

Apple may fall to 196.00 - 201.00

2024-08-08

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

208.94 Last

201.00

196.00

183.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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