The stock has hit resistance and sell signals have surfaced.
Shares of the iPhone maker were up Thursday on the news that it has finally reached an agreement with a huge Chinese carrier.
The largest wireless carrier in the world is finally moving to sell the device, according to reports.
Shares have bounced 42 percent since hitting a low in April
The company is the focus of an antitrust probe within the country. There may be politics at play here.
The stock is approaching support, however, and at support it appears to be an interesting buy.
The company has already said that revenue and margins may come in at the high end of its range for the quarter.
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The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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