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For The First Time In Ages, Apple's Stock Is Starting To Perform Well

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Is that a pulse in shares of Apple?

A trader IMs us to note that shares of Apple just closed above their 50-day moving average (the blue line) for the first time since October.

These moving averages are watched by technical traders, and crossing over them is seen as a sign of momentum in either direction.

Screen Shot 2013 03 22 at 4.10.18 PM

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