Apple’s been all the news the past few days. After pushing past $700 and nearly doubling it price over the course of a calendar year, we’ve seen an 8% sell-off to the $655 range. If you got long at $700, it’s not happy news, but in general this may not be a bad thing for bulls. As you can see on the chart, AAPL is resting on its 50-day simple moving average now, and is near a long-term support level. We’ve already sent a trade idea to our premier members, and there may be more if see another opportunity.