“No Brainer” AAPL Tumbles Back Into Red For 2015

AAPL shares are down 1.75% this morning – the biggest loss since September – sending the “no brainer” stock price back into the red for 2015. Having been unable to break resistance at the 50-day moving average, and with AAPL back under $110, we are sure investors will be “swapping” their stock certificates for iPens.

 

Tumbling after resistance at the 50DMA was unbroken…

 

And as goes AAPL…

 

Charts: Bloomberg

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Author: Travis Esquivel

Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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