Apple (AAPL) technicals Dec 11, 2014

AAPL shares lost ground again yesterday, falling back below their shorter-term MAs. The daily momentum remains negative for prices lower than $115. In case of a continuation of the current downmove, the 50-day SMA @ 108 will be targeted and may offer some nice support.

AAPL, daily chart (3 months):

aapl

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

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