CairnesTrading

AAPL Stock Next Week

NASDAQ:AAPL   Apple Inc
Stochastic and volume averages indicate that the price could continue to drop past the next support of $145.30. This would mean an almost complete breakout of the current ascending channel and not just a fluctuation. If the current price decrease trend continues through the next support at $144, the price could drop to $140 - though, not likely. We should see consolidation and reversal to $150-$160 as holiday season approaches.

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