Apple Inc. (AAPL) stock is flat on Friday and trading around $376. Apple Inc. (AAPL) continues to be in a downtrend and will remain in one until we see a close above $390. Apple Inc. (AAPL) is due to report earnings on 10/17/11. I am expecting AAPL to report blowout earnings and the stock is a rated buy below $350 if we see another sell off.