Apple (AAPL) technical analysis Jan 19, 2015

AAPL shares hovered around their 100-day SMA on Friday. AAPL has made 3 consecutive lower highs since the all-time high was marked last November, confirming that the daily trend is down. A retest of the 3-month low @ 104.63 is very likely.

AAPL, daily chart (3 months):

aapl

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

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