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AAPL
Benzinga
131 days

Why We're Fading Apple's 15% Rally

1. NASDAQ saw second largest single-day gain in history. 2. Historical rallies often lead to further declines down the line. 3. Short exposure was added on AAPL amid irrational rally. 4. 90% of AAPL products still manufactured in China. 5. Investors advised to hedge during rally phases.

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FAQ

Why Bearish?

The article suggests a market correction following a significant rally, similar to past events affecting AAPL.

How important is it?

As AAPL experiences short exposure advice amidst market volatility, these insights are significant for investors.

Why Short Term?

Given the historical context, short-term downward pressure on AAPL is likely post-rally.

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