AAPL

Who do you know whom to believe?
I wonder how often organizations embellish their stories or plant false evidence to increase their sales or their share price?

Both of these stories are dated today.
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The Apple Watch may be the most successful smartwatch ever, but according to a recent report, even it may not be enough to captivate the hearts of consumers. While the Apple Watch continued to be the best-selling smartwatch, sales are predicted to be down 71 percent in the third quarter of 2016 compared to the same period in 2015, according to market research firm International Data Corporation. In raw numbers, Apple Watch sales sit at 1.1 million for the quarter.

The reason for the decline may be that the wearable market seems to continue to be dominated by cheaper fitness trackers from the likes of Fitbit, Xiaomi, and other companies. The news is especially problematic for Apple, considering that the third quarter of 2016 is when the company launched the Apple Watch Series 2.

https://www.yahoo.com/tech/apple-watch-sales-down-70-000245505.html

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Depending on whom you ask, smartwatch sales are struggling, or they're red-hot. Apple falls into the latter camp, according to CEO Tim Cook, who says that the company just broke a record with Apple Watch sales.

"Sales growth is off the charts," Cook told Reuters in an email message. "In fact, during the first week of holiday shopping, our sell-through of Apple Watch was greater than any week in the product's history. And as we expected, we're on track for the best quarter ever for Apple Watch."

http://www.foxnews.com/tech/2016/12/06/apple-watch-sales-off-charts-should-buy-one.html
I love the part when they say "the most successful smartwatch ever. " As if there were smartwatches before Apple introduced them.
 
The close was strong and finally the bulls managed to put behind the main fighting point $110 now will $112.50 be next and bears worry.
 
Apple is not that strong, but above fighting point and below a crucial resistance line at $112.50. Buyers are lined up with enough worries.
 
It remains stable in the range of 110-114. I don't want to upset you, but don't expect a record performance for this quarter.
 
Apple did indeed hold the critical support 112.50 but the bearish harmai cross will give more amo for the bears and put on alert the Bulls.
 
They say that AAPL makes big steps these days. But I wonder how high it can get this year? I don't think that it will be more than $120.
 
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