Apple hasn't been this close to the 50 Day Moving Average in almost 2 months. Will the blue line hold as support or will a more serious sell-off in this stock begin? I don't have the answer to that question, but for those that have been waiting to buy this stock, if the 50 day does NOT hold, watch for a good entry point near 118. If however, the blue line does hold, I'd advise patience. Don't rush in over 125. Apple currently yields 1.5% dividend. That's not must buy territory.
Short Term - Buy
Long Term - Buy
Short Term - Buy
Long Term - Buy