Apple's March Uptrend Is No Sucker Rally
by Nicholas Kitonyi
Apple (AAPL) has rallied 7.8% since recording a 52 week low of $419 on March 4. This is not the first time the tech giant has experienced a promising recovery since slipping to below $600. Nonetheless, the previous occasions have proved to be nothing short of a "sucker rally", which means, a stock price increases for a short period of time before declining back to its usual position or even further below. This is normally attributed to speculation by investors following some news release or in anticipation of some news release. Apple seems set to avoid the trap this time round, though critics would argue that it's still too early to judge. read more »
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