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Apple Inc (AAPL) “On a long-term technical basis, the stock (AAPL) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 221.37 and 199.11. If the stock breaks down through support at 221.37 then it will probably continue lower to 199.11. The stock will meet resistance at 226.42 and 254.72. If the stock breaks up through resistance at 226.42 then it will probably continue higher to 254.72. The 200-day moving average is at 191.24. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (71.02).”
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