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Shares of Apple (AAPL) rallied above $590 on Tuesday before dropping into the close. Apple (AAPL) has been on an amazing run and is back outperforming the stock market. AAPL is trading at $582 in pre market this morning and will have resistance up at $594 with support at $580.
Apple (AAPL) never should have dropped below $580 but forced liquidation due to the fiscal cliff is causing a domino effect of selling. I am still expecting a jump back between $600-$650 before earnings.
Also see - Top Stocks 2013 - Top Gold Stocks 2013
