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Short

Apple testing important resistance

BATS:AAPL   APPLE INC
142 0 0
Short term trend up as pattern of higher highs and higher lows continues. Strong horizontal and channel resistance at 472-476$ price area. If prices get rejected and break below 470$ and out of the short term upward sloping channel, then we should expect a move down towards 450$ at least. Confirmation of this scenario will come if the low at 460$ is broken.
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