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Apple (AAPL) stock crashed through $419 support this week which took out a lot of stop loss orders. The selling continues as we head into Friday. Apple (AAPL) will now have resistance at $406 as well as $421. If Apple (AAPL) stock closes below $398, look to buy somewhere between $360-$370 for the next major bounce. This bounce could easily take AAPL to $390-$410. Apple (AAPL) is expected to release earnings on April 23, 2013 after the close. A close above $421 at any point takes $360-$370 off the table.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
