Apple Inc
Short

AAPL near its 200 Day SMA

Recent sell-off in AAPL has pushed the price below 20-Day, 50-Day and 100-Day and near to the 200 Day SMA which is at 216 $. If we look at the Upward channel for the APPL share price when the price fell below 200 Day SMA then it consolidates for a few weeks. With earnings next Thursday watch out for more volatility in the prices. If it closes below 216 then the next stop is 187 $.

Disclaimer