Stocks

Apple may rise to 227.00 - 230.40

2024-08-20

Pivot

223.00

Our preference

Long positions above 223.00 with targets at 227.00 & 230.40 in extension.

Alternative scenario

Below 223.00 look for further downside with 219.50 & 216.50 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

236.50

230.40

227.00

224.75 Last

223.00

219.50

216.50

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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