Apple intraday: short term rebound towards 132.4

AAPL

Trading Central 2021-01-13 04:50:04

Our pivot point is at 126.8.

Our preference: short term rebound towards 132.4.

Alternative scenario: below 126.8, expect 124.6 and 123.4.

Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Apple is trading under both its 20 and 50 period moving average (respectively at 128.66 and 129.95).

Supports and resistances:

135 **

133.8 *

132.4 **

131.2

128.575 last

127.6

126.8 **

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