Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Apple Hits Multi-Month Point & Figure Target


It took long enough, but it occurred nonetheless.

The April-June base-like pattern in Apple Inc. (AAPL) that triggered potential upside targets at 606 and 623, finally satisfied both objectives as AAPL trades above 623 today.

As long as AAPL remains above 616, the price structure could claw its way higher into the 628-630 area next.

At this juncture, purely from my AAPL Point & Figure Chart perspective, only a print of 616 will indicate that the up-move off of the prior pivot PF print low at 570 is over, and that a correction already is in progress.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!