Apple falling wedge still in play?
Apple has broken under significant price support in the $430 area. A case can be made that this warns of a much bigger drop to follow. There is also a case to be made that a “falling wedge” is still in place for AAPL. A falling wedge is usually a bullish price setup, if the stock can break to the upside of resistance. AAPL is closing in fast on the bottom support level for the wedge.