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Close above $104.50 for the month is possitive

NASDAQ:AAPL   Apple Inc
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There are many reasons why you shouldn't worry if price holds above $105 which seems very likely unless it's another black Monday. Last week, we recommended to play the long side if price touches $101 with target price $110. Another opportunity lies on $105 area and if it holds expect another run to $115. If price moves below $104.50 there chance to see the Monday's low is very likely.

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