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Apple Inc. (NASDAQ:AAPL) shares are trading lower by $0.40 at $138.60 in Thursday's session. Shortly after the open, Doug Kass announced he moved Apple from a Small to Medium short position on Wednesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Coupled with the breach of the five consecutive lows -- in a narrow range from $138.59 to $138.82 -- that ignited a crescendo of selling. The ensuing decline found support ahead of its February 28 low ($136.70), only reaching $137.05.
At this time, the rebound off that low is attempting to reclaim the aforementioned support level at the $138.70 area.