How Far will AAPL drop after earnings by Micah Lamar | Feb 5, 2018 | Stocks 2 Comments Michael Hassan on February 6, 2018 at 10:26 am I think there will be lot of good news out of AAPL due to tax dollar repatriation and lower tax rates. So in this environment, I say AAPL will hold the $160 level and to your point, at least a few months longer. mykie long apple and just entered a spread with $160 being my owned call. Reply Micah Lamar on February 6, 2018 at 11:20 am Hey Michael, thanks for your comment. So far it looks like this downtrend is continuing and AAPL is still in a Bearish PayDay Cycle so any short term long trade is still very risky. I’m going to wait until a confirmed bottom is in place. Reply Submit a Comment Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.