Apple Computer Inc


Apple computer was one of the most actively traded stocks on the Nasdaq today as the bears pushed the price lower by 6.33%. As you can see from the chart below, AAPL is about to test the support of the 100 DMA, which is an area that we'd expect to act as strong support. We'll keep a neutral outlook on the direction of AAPL until we see it close below the 100 DMA support, or back above the upper resistance of the 15/50 DMA.

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