Apple Inc. (AAPL) stock traded up near $394 in pre market on Tuesday. However, Apple Inc. (AAPL) continues to be in a downtrend and will remain in one until we see a close above $390 and hold. Apple Inc. (AAPL) is due to report earnings on 10/17/11. I am expecting AAPL to report blowout earnings and the stock is a rated buy below $370 if we see another sell off.
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