The downtrend has already ended - check for yourself, it is impossible to post any links. This is just a back test of the trend line break, not a continuation of the downtrend. It might hit $409, but maybe not. It is already oversold. Divergences on all indicators makes a long position the higher probability trade now. And, on a valuation basis, there's no question that AAPL is deeply undervalued at this point.