Apples stock price (AAPL) returned higher in the intraday levels, after piercing the downward correctional trend line previously in the short term, while trading above the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels, hindering gains.

Therefore we expect more gains for the stock, targeting the pivotal resistance of $196.73, provided the support of $178.35 holds on.

Trend forecast: Bullish