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Monday, April 1, 2013

Apple (AAPL) Stock Analysis 4/2/13 April 2, 2013

Apple (AAPL) Stock Analysis 4/2/13 April 2, 2013 -

 
 

Apple (AAPL) stock is seeing a pullback today as Wall St sells the stock ahead of earnings in three weeks.  Apple (AAPL) recently closed above the 50 day moving average which caused a pop to $470 but the stock could not hold this level very long.  I would expect a bounce to occur here in the $430's.

Apple (AAPL) has strong support between in the $430's right now but I will be personally buying dips below $430 in my long term account.  With a dividend increase imminent, I don't see much downside for the stock from here.  Continue to buy the big dips and hold.

Also see - Top Stocks 2013 - Top Stock Gainers 2013



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