Apple may rise to 207.10 - 211.70

Our pivot point stands at 183.

Our preference

The upside prevails as long as 183 is support.

Alternative scenario

The downside breakout of 183 would call for 175.3 and 170.8.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 184.7465 and 176.2674).

Supports and resistances

216.4 **

211.7 *

207.1 **

202.3

190.13 (USD-last)

186.1

183 **

175.3 *

170.8 **

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