Apple intraday : as long as 236.51 is support look for 244.45

Our pivot point is at 236.51.

Our preference: as long as 236.51 is support look for 244.45

Alternative scenario: below 236.51, expect 233.97 and 232.46.

Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 237.82 and 234.06). Finally, the Apple is trading above its upper Bollinger band (standing at 239.46).

Supports and resistances:

247.49 **

245.97 *

244.45 **

242.93

239.72 USD - last

237.51

236.51 **