AAPL - comfortably holding the 450s

With the main indexes a little higher, AAPL was leading the tech sector, closing +1.5% @ $451. Near term trend looks mixed, but AAPL is clearly very much outside and above the old multi-month declining trend. Strong support around $430, mid-term upside to the low $500s


AAPL, daily

Summary

Suffice to say, AAPL is holding together after that very destructive fall from the $700s.

It would now appear very unlikely that AAPL will take out the mid April low, for some months, perhaps even the year.

AAPL remains one to watch, especially as a broader guide for the tech sector.
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