It’s difficult to argue that Apple has been one of the best performing stocks – if not the best – in the 21st century. But every stock has its limitations and a good question is whether AAPL has reached its top. AAPL has fallen 30% from its peak in May 2015. So was that the top? Well, betting against AAPL this century has been a losing proposition as it closed at just 3.40 on December 31, 1999. It’s currently up 30-fold and that’s AFTER a 30% 9 month haircut. Technically, AAPL appears to be a major support level, however, as reflected on the following chart: