Apple may rise to 244.10 - 249.70

Our pivot point is at 216.3.

Our preference

The upside prevails as long as 216.3 is support.

Alternative scenario

Below 216.3, expect 206.7 and 201.1.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 218.373 and 217.626).

Supports and resistances

255.4 **

249.7 *

244.1 **

238.4

226.05 (USD-last)

219.8

216.3 **

206.7 *

201.1 **

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