Apple Stumbles Below $85
Posted on Mon 18th Dec, 2006 03:22:37 PM
Shares of Apple Computers (AAPL) are down below $85 today, or about 3%, as the stock has feeled the weight of the overall market push down on it. Suprisingly enough though the technology giant has only traded just over 20 million shares as of 3:20 PM EST. The average daily volume for Apple is over 24 million shares, and this factor may come into play down the road if the stock can pull back. Look for support at just below $84 which is where the 50 MA is.
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