Apple may rise to 244.40 - 249.90

Our pivot point stands at 217.4.

Our preference

The upside prevails as long as 217.4 is support.

Alternative scenario

Below 217.4, expect 208.4 and 203.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 219.7335 and 220.1352).

Supports and resistances

255.1 **

249.9 *

244.4 **

238.9

226.84 (USD-last)

220.7

217.4 **

208.4 *

203 **

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