13.07.2015 - The price of Apple may correct

Apple's stock price continued to fall after consolidation below the strong sloping support line and at the moment quotations are trying to gain a foothold below the local minimum of about 123.75. In case of success and continuation of reduction, we recommend to open short positions with the targets at 116.00, 106.00 and 96.00. We keep medium-term positive outlook for the company's shares, but in the near future we can see a decrease in prices.

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