On the chart - Apple is breaking through the 50 day moving average today on the downside. The most recent break led to the sharp move upwards - however, testing the average again just two weeks later tells me that perhaps more selling could happen.
So, what now? What is an investor to do?
If you already have a position in Apple, you could add a couple of units here. Target 125. If you have no position in Apple at this point - buying here is a decent option, but so is waiting for continued selling.
Short term rating = BUY
Long term rating = BUY