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Tuesday, December 4, 2012

Apple (AAPL) Stock Analysis December 5, 2012

Apple (AAPL) stock Analysis 12/5/12 December 5, 2012 -

 
 

Shares of Apple (AAPL) are back trading near $570 on Tuesday and are looking weak.  Apple (AAPL) has been on an amazing run and is now seeing some profit taking.  Apple (AAPL) will have support at $570 & $562.29 and resistance up at $582.

Apple (AAPL) shouldn't be trading below $580 but fiscal cliff fears and earnings fears are causing a fire sale in the stock.   I am still expecting a jump back between $600-$650 before earnings.

Also see - Top Stocks 2013 - Top Gold Stocks 2013