Apple intraday: the downside prevails as long as 1

Apple intraday: the downside prevails as long as 127.2 is resistance

AAPL

Trading Central 2021-02-23 05:00:06

Our pivot point stands at 127.2.

Our preference: the downside prevails as long as 127.2 is resistance.

Alternative scenario: above 127.2, look for 127.8 and 128.2.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Apple stands below its 20 and 50 period moving average (respectively at 127.92 and 128.95).

Supports and resistances:

128.2 **

127.8 *

127.2 **

127

126.39 last

125.4

125 **

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