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maxtorrent
Dec 27, 2012 3:54 PM

Headwinds 2013 Long

Apple Inc.NASDAQ

Description

1 day indicators near oversold but 5 min indicators deeply oversold...seems to be a contranian view, but based on indicators prices may see an uptick. Caveat is $ 501.23 (recent low), don't expect a major upswing (maybe $ 15-30). Fundamentally with Acer coming out with a $ 99 tablet, AAPL could face margin headwinds in 2013, but technically could benefit in the short run if Fiscal deal is reached, whenever that be!
Comments
Herbtrader
If the recent low would be washed out a stronger move is possible - maybe to the upper channel line.
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