Apple shares were under pressure for a second day following earnings, seeming to confirm the big intra-day reversal of yesterday. Add to that late rumors that there are defects in the just released Apple watch and it could provide the needed material for a deeper sell-off. Watch the blue line of the rising 50 day moving average. A break below that line could be time to buy the stock.
Current rating = HOLD
Long term rating = BUY
Current rating = HOLD
Long term rating = BUY