Market Overview

Apple Having Its Worst Day Since November

Related AAPL
Raymond James Lays Out 3 Reasons To To Stay On Apple's Sidelines... For Now
KeyBanc Turns Bullish On Criteo, Says Q4 Print Confirms Growth Opportunity
What Did The World's Best Value Investors Buy Last Quarter? (GuruFocus)

Apple Inc. (NASDAQ: AAPL) shares were seen trading lower by $4.25 at $151.122 in Wednesday's session. The nearly 3-percent decline at its current price marks its worst day since Nov. 14, when it fell from $108.43 to $105.71, or 2.5 percent.

After a lower open, it attempted to rebound but found resistance just ahead of the lower-end of Tuesday's range ($154.72), only reaching $154.57 before continuing its move lower. The ensuing decline has taken the issue to $150.00, and it now attempting to remain in the $151.00 handle. Based on the daily charts, if the current low is breached, there may be limited support until its May 8 low of $149.03.

Posted-In: Technicals Intraday Update Movers Tech Trading Ideas


Related Articles (AAPL)

View Comments and Join the Discussion!