Apples stock price (AAPL) fell in the intraday levels after the pivotal resistance of $197.20 held on, with negative signals from the RSI after reaching overbought levels, while the stock gathers positive momentum to pierce that resistance, as it vents off some overbought saturation, with positive support from trading above the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of $209.40, provided the initial resistance of $197.20 was breached.

Trend forecast: Likely Bullish