Apple may rise to 228.30 - 233.80

Our pivot point is at 201.3.

Our preference

As long as 201.3 is support look for 228.3.

Alternative scenario

Below 201.3, expect 191.9 and 186.5.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 202.2425 and 188.1242).

Supports and resistances

239.5 **

233.8 *

228.3 **

222.6

209.07 (USD-last)

204.9

201.3 **

191.9 *

186.5 **

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