There’s no doubt about it: Apple Inc. AAPL 0.97%’s technical picture has been pretty bearish in the past couple of months. However, the stock is now in danger of things getting a lot worse.

Benzinga first reported about a bearish technical signal in Apple’s carts on April 29 of 2015, immediately after the stock hit all-time highs of $131.29. In just over a year since that story, Apple’s shares have fallen nearly 30 percent.

The stock’s post-earnings sell-off now has it once again testing its 2015 flash crash lows of around $90. Apple has repeatedly found technical support in this region in the past couple of years, including during the early 2016 market selloff. A breakdown below $90 would be a significantly bearish signal for Apple traders.

In the longer-term, however, Apple bulls remain optimistic that Apple simply got overheated and is repeating the roughly 40 percent pullback it experienced in 2012-2013. If that’s the case, the stock could dip…

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