Watch AAPL for move to bottom of channel

AAPL has fared much better than other tech stocks recently. Take a look at a few other weekly charts and the difference is obvious. If markets move lower next week, that should get this stock price to the bottom of the channel. Maybe it will take more than one week. From the last dip, price moved above the channel midline and then reversed lower.

Stochastic %K is below %D, which still is heading down. RSI has yet to touch 50. I am using 18Mar puts for a swing trade.