$AAPL Near Support?

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$AAPL Near Support?Apple Inc.NASDAQ:AAPLBrent_CalverRecent Pullback Apple announced a new Siri release four days ago, but the market reacted negatively. As a result, Apple’s stock has pulled back roughly 8% from its all-time high, which may create a potential buying opportunity. Key Support Levels •The stock is currently trading near the higher support zone of $285 to $289, which is also close to the 50-day moving average (red). •A lower support zone appears to be in the $275 to $280 range. Trading Plan I will be watching for price action to tighten and consolidate near the current level. If the stock resumes its uptrend, I may consider taking a position. If the stock fails to hold this level, I will look for a similar setup near the lower support zone. This is a name worth keeping on your watchlist. If you like this idea, make it your own and follow your trading or investing plan. Ultimately, your capital is at risk.