Although I am not a technical analyst, I do look at the technicals to gauge my thesis.
Here is the CCI w/trigger signals; it has been a pretty straight forward indicator for me. Though it's not a guaranty (as direction can turn on a dime), the CCI can be clear as to when NOT to buy. Looking at the bottom right, I circled where it's approaching zero which should be a buy signal. If the market takes a tumble off Eurozone disaster then all bets are off for the short term. Mid to long-term, I am a strong believer that aapl will be worth more in the future than now! I am long it via credit put spreads. As a hedge (to guard against short term drops), I have small out of the money June credit call spreads (may close those soon).
BOTTOM LINE: If I can't take a risk on a company that sells out of everything at a premium AND has a zillion dollars in cash AND pays a dividend THEN I should pack it in and stuff my money in a .25% CD!