 Shares of Apple Inc. (NASDAQ:AAPL) have rallied nicely off last week?s lows along with the broader stock market. When I last mused about Apple in this here column on Feb. 2, I offered that the stock must hold the $165 area or risk quickly falling toward $160 or lower for better buying opportunities to arise. To wit, AAPL stock fell swiftly after earnings and then late last week managed to string together an important bullish reversal at lower levels.
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