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Wednesday, August 5, 2015

Chart - $aapl

Supports are breaking. Seen this rodeo before. Ultimately the monthly 38sma held the support.

Are we in for a similar move? idk

Apple is the stock perpetually undervalued and if it's services (and ecosystem effect) were valued anywhere near others, it would already be a trillion dollar company. 

Given the strength of the ecosystem and services, a move toward 90 is doubtful.

Looking for a bounce toward the 10sma. 

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