The technicians are keeping a close eye on Apple (AAPL -1.8%), with $390 apparently a key line...

|About: Apple Inc. (AAPL)|By:, SA News Editor

The technicians are keeping a close eye on Apple (AAPL -1.8%), with $390 apparently a key line in the sand as a close below brings the shares under their 50 day moving average and confirms a setup known as an "island top," with $355 the next target. Current price: $388.