Apples stock price (AAPL) fell in latest intraday trading after bumping into the resistance of the 50-day SMA, amid the dominance of the downward correctional trend in the short term, with the stock falling after managing to vent off oversold saturation in the Stochastic, thus giving in to surrounding negative pressures.
Therefore we expect the stock to decline further, as long as it settles below $207.50, targeting the support of $180.45.
Todays price forecast: Bearish