Apple: Technicals To Watch

 | Dec 12, 2014 06:32AM ET

Apple (NASDAQ:AAPL) shares remain below their shorter-term MAs and the daily trend will be pointing down as long as prices are lower than $115. Tuesday’s low @ 110 and the 50-day SMA @ 108 will be offering nice support in case the downmove goes on, while this week’s high @ 115 keeps a lid on prices.