Thoughts on AAPL and VNM (and other potential options)

I am looking at a few new investing targets and these two are under consideration at the moment: AAPL and VNM. VNM is an established topic here - I had a position that I got out of - and just after I sold, on the very same day, VNM turned around. A classic case of pulling the trigger too early. The stock has since gathered steam and remains a good long term play. Here is how its looking:

I think its downside is limited and it is looking to get back to an upward sloping 200D EMA. I will continue to follow this.

Second stock in consideration is Apple. There has been a lot of talk around the recent decline in AAPL prices. The evidence is clear in the chart:

The technicals are bearish - and I will probably not enter until the bleeding has stopped and at least the 50D EMA starts looking up. However, the fundamentals are a different story altogether: PE 11.78, Forward PE 9.07, PEG 0.51, Dividend Yield 2% - this is pretty nice long term value play. I believe the current decline is just the part of the process of taking the speculative growth money out of AAPL - the value money will continue to stick around. So, after year end when I have some cash for new investments, I will be happy to consider this further if the technicals have finishing doing their damage by then.

Update: A took a bit of time to look through some ETFs that might be a good option for a long term long position: IYR, XLU, EWZ, EWA, EWC.