Back to the OP, and to formalize my AAPL opinion.
AAPL is a good company that is still showing a nice profit on the earning side of things.
From a stock price standpoint it has gotten mauled the last 6 months. It has dropped from $697 down to a new low today of $389 for a 44% drop from its high. Each time it starts to head up and gains 5-10% it is sold off and make a lower price than when it headed up.
The above is a fact, the rest of this statement is my opinion which could be very wrong. I hope it is for those that are buying as I don't wish anyone to lose money. Buying here at $392 is very uncertain. There is no good place to set any kind of a stop order as there has been no upside. If AAPL where to break above the $462 level and not make a lower low below $389 on it's next pull back I would start to change my tune.
This post was edited on 4/18 at 4:28 pm