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Apple Intraday: the upside prevails as long as 259.69 is support

Apple (AAPL.US)
+0.52+0.20%
the upside prevails as long as 259.69 is support
image
Our pivot point is at 259.69.

Our preference: the upside prevails as long as 259.69 is support

Alternative scenario: below 259.69, expect 258.36 and 257.57.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 260.00 and 259.42).

Supports and resistances:
265.15 **
264.36 *
263.56 **
262.77
260.98 USD - last
260.22
259.69 **
258.36 *
257.57 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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