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Apple Inc (AAPL) “On a long-term technical basis, the stock (AAPL) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 279.62 and 260.40. If the stock breaks down through support at 279.62 then it will probably continue lower to 260.40. The stock will meet resistance at 318.75 and 335.00. If the stock breaks up through resistance at 318.75 then it will probably continue higher to 335.00. The 200-day moving average is at 226.22. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (93.29).”
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