Apple Consolidation Looks Healthy

 | Nov 07, 2014 04:38AM ET

Apple's (NASDAQ:AAPL) daily trend remains positive as long as price is above $107. The stock has been consolidating at record high levels for 4 days in a row now, which is a very healthy market behavior after the recent price pop-up from $95 since mid-October. Given the general market bullishness, AAPL has very good chances to move higher soon.