Apple: Is it a buy, or we still to see further moves to the down

Apple shares have reached the bottom of the price channel in the daily chart at 116.60 from a reversal at 143 and still to finds its way back up. The recent bounce from 116.60 failed to hold at 124.60 resulted in a drop to 120.60 support line. We might see a retest of 116.60 support line if it fails to get back above 120.60.