Apple Inc. ($AAPL) has experienced a significant decline, dropping below the critical support level of $221.33. Analysts noted that the stock failed to maintain its bullish breakout from the previous week, leading to bearish sentiment. Current support levels are identified at $213 and $196, where further reassessment may occur. Additionally, the stock has shown signs of a 'mini waterfall' decline after a momentum double top, with resistance remaining strong at $237. Overall, the recent trading patterns suggest a neutralization of bullish momentum.