Apple ST : Rebound
The MACD must break above its zero level to trigger further gains.
Our pivot point is at 192.58.
Our preference: Rebound
Alternative scenario: below 192.58, expect 175.25 and 164.93.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (201.55) but below its 50 period moving average (218.97).
Supports and resistances:
262.22 **
251.73 *
241.23 **
230.74
209.28 USD - last
199.39
192.58 **
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