Technical Look at Apple: Has It Found Its Footing? (AAPL)

Jun. 9.06 | About: Apple Inc. (AAPL)

Here is one of the stocks I was long earlier today, with as much as 17% of equity in this position today. Still clearly a bearish chart, but in the short term, Apple (NASDAQ:AAPL) failed to break out below support, which means it may test the other side prior to breaking down again:

Near the close, I closed part of the position, leaving my portfolio 8% long AAPL. I think it opens up tomorrow, but where it goes from there is anyone's guess in this market.