Apple Inc. (AAPL) is trading at $405 in pre market after closing above $400 on Monday. Keep an eye on $390, Apple Inc. (AAPL) will break down technically if the stock closes back below $390. Apple Inc. (AAPL) will then probably see a bounce if it falls to $370-$375. On the upside, if AAPL holds $400, it would silence a lot of critics. Apple Inc. (AAPL) is now a good short trade with a tight stop.