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Benzinga
Benzinga
Business
Mark Putrino

BZ Chart Of The Day: Apple Tests Critical Support

Apple Nasdaq

Shares of Apple Inc. (NASDAQ:AAPL) are holding above critical support, but if this support breaks, the stock could form a new downtrend.

Support is a large group of buyers looking to buy shares at, or close to, the same price. As you can see on the following chart, in this case, it's $156.

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