Apple (AAPL) technical analysis Jan 16, 2015

AAPL shares closed on their 100-day SMA yesterday. We may see some rebound from here. Otherwise a retest of the 3-month low @ 104.63 will be the first downside target. AAPL has made 3 consecutive lower highs since the all-time high was marked last November.

AAPL, daily chart (3 months):

aapl

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

Please read the Disclaimer!