Apple (AAPL) Outlook For October 17, 2014

AAPL made a two-month low on Thursday. The closing price is below the 100-day moving average, which is quite negative. The MACD is down again as AAPL fell below the 98-103 range of the last two months. Despite all this, I stick with my scenario of new price records for AAPL before year-end.

AAPL, daily chart(6 months):

aapl

Chart courtesy of StockCharts.com. http://stockcharts.com

Please read the Disclaimer!

RECEIVE MY TRADING REPORT FREE OF CHARGE FOR 2 WEEKS BY SENDING ME AN E-MAIL AT: THETRADINGSTRATEGIST@YAHOO.COM !!!