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Monday, November 26, 2012

Apple (AAPL) Stock Analysis 11/26/12 November 26, 2012


Apple (AAPL) stock Analysis 11/26/12 November 26, 2012

Shares of Apple (AAPL) have been upgraded at Citigroup today with a $675 price target for the first half of 2013.  While I think this is conservative, the stock has rallied $67 off the recent $506 low.  Apple (AAPL) will have strong resistance around $575 but then nothing major until $594 which is the 200 day moving average.  Last week, AAPL held major support around $555 and then bounced.  Apple (AAPL) remains a strong buy stock in 2013.  All major dips should be bought.

Also see - Top Stocks 2013 - Top Gold Stocks 2013