Tested in July but held

The share price of Apple is testing the 200 day MA for the 2nd time in a month. In July, the price held above the key MA level. Today the price has dipped below (120.8719 is the MA, the low extended to 120.69 and currently trades at 121.08).

The last time the price of tech giant closed below the 200 day MA was back in September of 2013. A close below and staying below, would be bearish for the tech bell-weather.