Apple On The Verge Of Breakout From 98-103 Range
Petros Steriotis | Oct 23, 2014 05:17AM ET
Apple Inc (NASDAQ:AAPL)made a new record intraday high yesterday but could not retain its gains and closed slightly up on the day. The daily trend will be positive as long as price trades higher than $101. AAPL is on the verge of a breakout from the 98-103 range of the last 2 months, which opens the door to $108. Another positive is that the stock shows relative strength opposite the rest of the market. Overall I remain very bullish on the stock.
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