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Shares of Apple (AAPL) bounced off $500 as the company sold over 2 million iPhone 5 phones in China last weekend. Apple (AAPL) will have support around $500 but then nothing major until $480. Resistance is located at $518 as well as $530. Apple (AAPL) is dropping due to fiscal cliff selling and the next major catalyst is earnings in January 2013.
Also see - Top Stocks 2013 - Top Gold Stocks 2013
