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Stock Pick of the Day-Apple Inc.
Oct 03, 2009
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Stock of the Day – Apple Inc.(AAPL)
Close – $184.9
Strategy – Long
MACD – 4.54
RSI – 68.62
AAPL stock has been witnessing volumes that are at least 20% higher than its past 15 days volumes over the recent sessions. The stock has been upgraded by two brokerage houses this week only, and is all set to pierce its 52 weeks high of $188.9, before witnessing any profit booking. Its price has also crossed 50 days moving average recently, thus confirming a bullish trend. Traders can still go long in AAPL stock at current levels and look forward to book profits near $190 levels.
...thanks
for the trust you've shown in me and my business.
by Larry Swing
larry@mrswing.com
May the swing be with you...
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