Apple may fall to 186.60 - 189.50

Pivot

197.00

Our preference

Short positions below 197.00 with targets at 189.50 & 186.60 in extension.

Alternative scenario

Above 197.00 look for further upside with 201.00 & 203.00 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

203.00

201.00

197.00

192.97 Last

189.50

186.60

183.00

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