Here’s a look at AAPL on various time-frames from the weekly chart down to the 60 minute chart. The 500 level remains critical support although 490 is my official number (to allow a small margin of error for any brief spikes below 500 intended to run the stops on longs and suck in some shorts on a possible bear-trap).  AAPL recently managed to regain that multi-year uptrend line on the daily & 2-day period charts during the 12/31- 1/2 rally but has fallen back below that level today.  However, the 490-500 area remains critical support and for now, the stock remains comfortable above that level although AAPL has significantly lagged behind the broad market on the rally off the Nov 19th lows.  Also note the bearish posture of AAPL below the key 200 & 50 day exponential moving averages (and the 40 period ema on the weekly chart).