Apple Inc. AAPL shares are trading lower by $0.98 at $115.75 in Wednesday's session. It is trading lower for the third day in a row and for sixth time in the last seven sessions since closing at $122.57 on November 3.
After a lower open, if briefly rallied and found resistance ahead of the Tuesday's close ($116.77), reaching $116.64 before heading lower. So far, it has found intra-day support at $115.21 and is attempting to reclaim the $116 handle.
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show.
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