Apple crash Apple Inc.BATS:AAPLjosue_s1780Apple has had a strong run and is currently trading near all-time highs. Price is approaching the top of the rising channel, which has acted as resistance before. The stock is also extended away from its moving averages, creating the possibility of a mean reversion move. If buyers fail to push through the $338–$340 resistance area, I think we could see a rejection back toward the $306 support zone. A drop into that area would be a normal pullback after such a strong move, allowing the stock to reset before potentially continuing higher.