Share
of Apple Inc. (AAPL) is trading $501
on Monday.After peaking at $702.41 on the day of the iPhone 5's Sept. 21 release, Apple's stock has plunged nearly 30 percent. The shares fell $18.55, or 3.6 percent, to close Monday's regular trading at $501.75, dragging the company's market value nearly $190 billion below where it stood in late September. The stock traded at $498.51 earlier in the day, its lowest price since February.The shares have edged down through support at the
prior.The shares have edged down through support at $496. At the current price of $504, next support is at
the session low at $496, and then at $470-$480. Resistance is at $525.
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