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Monday
Feb082010

Has Apple (AAPL) Found A Base?

DateMonday, February 8, 2010 at 12:55PM

As shown in the chart below, Apple (AAPL) has bounced a bit over the past two days.  This bounce occurred right after the stock hit the bottom of its trading range channel that it has been in for a few months now.  If the stock can take out its highs from last Wednesday, it clears the way for a move back to the top of its range.

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