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AAPL Back At Critical Support Trend Line

|Includes: Apple Inc. (AAPL)

After a quick 10% rally last week, AAPL has returned to test the 4 year support just a few weeks after the last test.

Depending upon how the rest of today plays out, AAPL may wind up once again putting in a meaningful bullish wick.

While I feel very confident that AAPL has more downside than upside in the long term, this may once again be a good short-term buying opportunity as a "stop" exit price would be close at hand.

Disclosure: I am long AAPL.