Stocks

Apple may rise to 205.90 - 210.30

2024-06-03

184.2 is our pivot point.

Our preference

As long as 184.2 is support look for 205.9.

Alternative scenario

Below 184.2, expect 176.8 and 172.4.

Comment

The RSI is above 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 187.798 and 177.1718).

Supports and resistances

214.5 **

210.3 *

205.9 **

201.4

192.25 (USD-last)

187.1

184.2 **

176.8 *

172.4 **

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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