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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 302.22 and 272.72. If the stock breaks down through support at 302.22 then it will probably continue lower to 272.72. The stock will meet resistance at 327.85 and 368.83. If the stock breaks up through resistance at 327.85 then it will probably continue higher to 368.83. The 200-day moving average is at 237.91. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (80.27).”
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