Apple Technicals: 12/19, 2014

 | Dec 19, 2014 05:28AM ET

Fantastic day for Apple (NASDAQ:AAPL) shares yesterday, with a 3% gain. The daily trend is positive again after almost two weeks of negative momentum. Bulls are now clearly targeting the all-time high @ 120, while US indices are very likely to mark fresh highs before year-end.

AAPL, daily chart (3 months):