Let's switch gears to a considerably more optimistic name: Wall Street darling Apple ( AAPL). Apple has show tremendous relative strength this year, rallying nearly 30% as the S&P 500 slid more than 7%. That outperformance has been built on phenomenal fundamentals (remember, Apple's real P/E ratio is only 11.8). The technicals are equally attractive. Apple has been forming a bullish ascending triangle in the last few months, a setup that had resistance at $400. At the start of this month, I recommended buying Apple at $383 in anticipation of a $400 breakout, and that's exactly what happened on Monday. Now a throwback in shares could provide a second low-risk entry for traders who missed the first rally. A throwback happens when shares of a stock break out above resistance, then return to that former resistance level to test newfound support. With broad market weakness likely to drag Apple lower in today's session, buyers should look to buy as close to $400 as they can. Shorter-term traders can place a protective stop just below the uptrending support line in the chart above. Apple shows up on recent lists of 5 Growth Stocks Loved by Technical Analysts and Jim Cramer's Tech Stocks for a Eurozone Recovery.