I studied the AAPL closely over the weekend.
News today that China in an escalating trade move,
is proposing to BAN the sales of all I-Phones in China...!!,
perhaps the most Headline Possible, at this time.
Contrary Opinion begs a different technical response.
By my analysis that headline only
REINFORCES the POTENTIAL
for a Significant Price Bottom
around today's Low near 163.
I would use that as a LONG STOP
AAPL 168.00 Last
Daily, Weekly, 4hr, 8hr, 12hr ALL lining up several with bullish divergences. I expect a massive bounce from AAPL very soon. I think it is very likely that we just found the bottom.
Given the technical damage and bad media coverage, I'd recommend an even tighter stop around the recent lows of 164.50.