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Apple at 480. Is it possible?

BATS:AAPL   Apple Inc
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AAPL correction is a relief considering sky rocketed levels few weeks ago. On weekly chart the support is the area between 450-450$. It is formed by cross of tree technical indicators – 50 day moving average, parallel channel support line and 61.8% Fibo retracement. Mentioned support is the extremely bearish scenario for AAPL shares.

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