AAPL Thrusts into a New Upleg
Carl Icahn lunch dates or not, the big picture chart of Apple Inc. (AAPL) continues to develop into an increasingly bullish near- and intermediate-term picture.
Today's upmove from 477 to 486 has the right look of a the initiation of a new upleg.
If my work proves reasonably accurate, then AAPL is heading to test its Sept high at 496.91 next, on the way to 505-510 thereafter.
Only a reversal and plunge beneath 477-475 will wreck the strengthening technical set up.