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Keep an Eye on Apple
MINYANVILLE ORIGINAL On Friday my firm wrote “This morning we got an Approaching Oversold reading for Apple (NASDAQ:AAPL) at $525. Now let me stress the fact that our countertrend has three levels: 1 - Approaching Oversold 2 - Oversold and 3 - Extremely Oversold...  Can we get to an Oversold level? Yes but we think this is now (at $525) a high probability trade off of this level. Short-term traders: Use a tight stop off the $518 level. Investors: Only start with ¼ positions and never allocate more than 5% of your total investment account to one position." Besides ...
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