Apple Has Reversed To The Downside (AAPL)

Apple's AAPL daily chart tells the story of the wider indices on Thursday. The shares opened on their highs, and are now plumbing their lows. AAPL had put in nice gains early in the session and was trading in the $245 range. Currently, the stock is down 0.66% to $241.29. Look for support in the $240 range. If AAPL breaks through this to the downside, it may be time to bail. Apple has been trading in a range going back to mid-April and that band would be in jeopardy on a fall much further.