Apple (AAPL) technicals Dec 18, 2014

AAPL shares gained 2.50% yesterday, closing above their 50-day SMA, which is very positive. However, bulls need to see a continuation of the upmove and a close higher than $112 for the daily trend to turn positive.

AAPL, daily chart (3 months):

aapl1

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

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