Apple Inc. (AAPL) is back down in the high $360's this morning after bouncing off $355 on Tuesday. Apple Inc. (AAPL) is now in a downtrend after breaking the $390 level last Thursday. I sold Apple at $419 on the last rally due to the stock being overbought. I didn't buy AAPL on the sell off on Tuesday because I thought it could get down into the $340's. I'm still looking to add AAPL in either the $350's or $340's but with earnings coming in a few weeks, I may not get the chance.
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