Apple may rise to 205.40 - 209.90

184.9 is our pivot point.

Our preference

As long as 184.9 is support look for 205.4.

Alternative scenario

The downside breakout of 184.9 would call for 177.5 and 173.1.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 186.837 and 176.9002).

Supports and resistances

214.3 **

209.9 *

205.4 **

201

191.29 (USD-last)

187.8

184.9 **

177.5 *

173.1 **

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