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Tuesday, November 1, 2011

Apple Inc. (AAPL) Stock Analysis - 11/1/11

By Tim -

Apple Inc. (AAPL) stock is back trading in the $390's this morning. Apple Inc. (AAPL) will break down technically if it closes back below $390. Apple Inc. (AAPL) would be a buy for a bounce in the low $370's using a tight stop. On the upside, if AAPL can break up above $408, we could see a rally back to new highs. Apple Inc. (AAPL) will have resistance up at $410.