Apple (AAPL) reports earnings and it’s up, it’s down, and it’s all around. But ignore all the gyrations, the noise and hype surrounding the stock and stick to what we know:
The stock was rejected at the $540 resistance level and has heavily sold off since. That leads me to think that the stock is more likely to see $510 before it garners any interest from the bulls going forward.
Here’s the Apple technical analysis:


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