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Thursday, September 5, 2013

Apple (AAPL) Stock Analysis 9/5/13 September 5, 2013

Apple (AAPL) Stock Analysis 9/5/13 September 5, 2013 -

 
 

Apple (AAPL) stock is trading around $500 after a big upgrade from Cantor yesterday.  Cantor believes the stock can eventually hit $777 but I'm highly doubting that without groundbreaking new products.  Apple (AAPL) will now have resistance up around $510-$515 this week.  Apple (AAPL) will have strong support around $485 and is a strong buy below $470.  The next big catalyst for the stock will be the September 10, 2013 iPhone announcement.  Watch to see if there are lines during the release one week later.  A lack of lines will be bad news for the stock.

I believe Apple (AAPL) will hit $600 before $400...

Also see - Top Stocks 2014 - Top Stock Gainers 2013




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