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Further evidence of AAPL’s leadership role

This morning AAPL gapped and ran to a high of over 355, taking the NASDAQ with it. However, AAPL has been selling off since and is now trading below 350. What has the NASDAQ been doing since AAPL reversed course? Pulling back from its highs of course. $338-$345 is the price zone to watch on AAPL as that area is home to a gap up from the last few trading days. If AAPL continues to pullback, look for that level to hold as support.

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