Apple Knocking On The Door Of A Major Technical Breakdown

Regardless of where you see Apple eventually finding technical support, a dip below $90 would be a significantly bearish move.

Related Link: Have You Ever Wondered How Companies Like Apple And Facebook Fire Employees?

Benzinga first reported about a bearish technical signal in Apple’s carts on April 29 of 2015, immediately after the stock hit all-time highs of $131.29. In just over a year since that story, Apple’s shares have fallen nearly 30 percent.

Disclosure: the author holds no position in the stocks mentioned.