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Benzinga
Benzinga
Business
Melanie Schaffer

Why Apple Stock May Catch Bounce Into Q2 Earnings Print

Apple Nasdaq

Apple, Inc (NASDAQ:AAPL) gapped down about 0.4% lower on Monday and fell an additional 1.63% after the market open, before finding buyers at the 200-day simple moving average and bouncing up from the low-of-day at the $158.50 mark.

The move lower is a continuation of a downtrend that Apple has been trading in since March 30, when the stock topped out at $179.61.

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