Apple's Stock Technicals

 | Jan 07, 2015 07:31AM ET

Apple Inc (NASDAQ:AAPL) marked a fresh 2-month intra-day low yesterday, below critical support @ 105. The close just above the 100-day MA may signal that a technical rebound from current levels is in the cards. Only a close above $110 will turn the daily trend to positive, while a daily close below $105 will set the long-term uptrend in danger and open the way to a test at $100.