Apple (AAPL) has been moving higher for several weeks, recently topping $200 per share. If price reaches $207, it becomes a trillion dollar company again. But AAPL is showing signs of being overvalued. It has recently been downgraded, and even if it move up to $207, it is likely that AAPL will eventually pull back from it’s overbought area.

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AAPL Overbought