Apple Inc

$AAPL Apple loses momentum

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AAPL This is a battleground stock, some investors love the products and don't like the stock, others love the stock but hate the products. Carrying the burden of "First Trillion Dollar Company" proved to heavy, since the revelation of slowing phone sales, it has been a endless stream of negative analysts and media coverage. last week Apple launched a new batch of services which will decrease dependence on hardware sales, the stock had run up into the event and has now stalled. We will remain neutral as a pullback is overdue but continuation is just as likely. Longs and shorts sit anxious for a move next week, alerts are set on a probable 200ma crossing which will signal a buy.

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