The Shiniest Apple

We see Apple (AAPL) as pulling back to its 50-day moving average.

This would put it on par with the broader market, with the major indexes all hitting their 50-day MA marks, just as we figured.

AAPL isn’t likely to get much shinier in the public’s mind. A stock reaches a point when there’s no one left to buy it. Maybe we’re here now.

 

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