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Thursday, May 16, 2013

Apple (AAPL) Stock Analysis 5/17/13 May 17, 2013

Apple (AAPL) Stock Analysis 5/17/13 May 17, 2013 -

 
 

Apple (AAPL) stock rallied 4% off the $419 low on Thursday one day after everyone turned bearish again. Apple (AAPL) likely put in a higher low this morning and completed the end of a reverse head and shoulders pattern.  If the stock closes back above $441, I expect the stock to retest the recent highs.  Everyone thought AAPL stock would fall to $350 after earnings but instead it hit the $460's which made the bears even more mad.  Apple (AAPL) is a strong buy below $400 and I will be buying more if we see the stock fall that low.

I believe Apple (AAPL) will hit $500 before $300

Also see - Top Stocks 2013 - Top Stock Gainers 2013



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