"Key Levels Traders Are Monitoring as Apple Shares Plummet"

Apple's stock has fallen below a key support level, prompting traders to closely monitor its movement. The company's shares have dropped nearly 12% this year, erasing over $300 billion in market value and losing its title as the most valuable US company to Microsoft. Traders are concerned about the broader impact on technology shares, but some analysts believe that as long as Apple's stock doesn't break its multi-year uptrend, the US stock market can continue to rise.