Apple may rise to 244.40 - 250.10

Our pivot point stands at 218.

Our preference

The upside prevails as long as 218 is support.

Alternative scenario

Below 218, expect 208.3 and 202.7.

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 stock is trading above both its 20 and 50 day moving average (respectively at 218.5445 and 218.8466).

Supports and resistances

255.8 **

250.1 *

244.4 **

238.5

226.51 (USD-last)

221.6

218 **

208.3 *

202.7 **

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