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Apple has been trading sideways for most part of this year ($240 - $265), but recently in September Apple made a breakout above $265 level. It is now headed quickly towards $300. Once it reaches $300, there will be some profit taking activities and will cause Apple to pause briefly in that price range. After that, no one can predict what’s will happen to Apple. But keep in mind that if there is enough of high volumes and positive momentum as Apple trades higher towards $300, there will be a better chance that Apple could go up beyond $300 level.
1 comment:
i bought aapl at $280 earlier this week
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