What's wrong with Apple? Look to buy here if optimistic about its outlook.

Apple touched 700 to a high of 705 on 18th Sep after selling near 2 million units of the Iphone 5 in the first 24 hours. Even after selling record 5 million units thereafter, the feel good factor seems to have disappeared. In fact, it has fallen 6.5% since. Right now, it is still hovering above the 50 day moving average around 650 and with daily indicators oversold, looks like will rebound from here. I will put a buy here for another upside attempt at 700 with stop loss below 650 or so.