Is Apple stock falling back to $100?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The Apple stock (NASDAQ: AAPL) plunged -1.16% after the company announced that will install the device needed at some Starbucks coffee stores, KFC, and Chill’s restaurants to boost mobile-payment service. The service will be in a pilot form and these stores will accept that kind of payment by the end of 2016. The announcement may drop the stock in the short-term, based on the fact that previous efforts of other companies like Google Inc., and eBay Inc. to promote the mobile payment service

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