Apple (AAPL) stock technicals Jan 7, 2015

AAPL marked a fresh 2-month intraday low yesterday, below critical support @ 105. The close just above the 100-day MA may signal that a technical rebound from current levels is in the crads. Only a close above $110 will turn the daily trend to positive, while a daily close below $105 will set the long-term uptrend in danger and open the way to a test of $100.

AAPL, daily chart (3 months):

aapl2

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

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