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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 generally implies it is in a positive trend.
The stock has support at 104.86 and 93.11. If the stock breaks down through support at 104.86 then it will probably continue lower to 93.11. The stock will meet resistance at 134.81 and 149.93. If the stock breaks up through resistance at 134.81 then it will probably continue higher to 149.93. The 200-day moving average is at 81.12. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (89.06).”
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