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Thursday, May 9, 2013

Apple (AAPL) Stock Analysis 5/10/13 May 10, 2013

Apple (AAPL) Stock Analysis 5/10/13 May 10, 2013 -

 
 

Apple (AAPL) stock continues to trade around $460 after a 20% rally. Resistance is located between $463-$467.  A close above $467 would signal a trend change and pull shares out of the downtrend.  On the technical side, the 10 day moving average has broken back above the 50 day moving average which is a buy signal.  Apple (AAPL) will have support at $450 and that is where you should keep your stop loss order.

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

Also see - Top Stocks 2013 - Top Stock Gainers 2013