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Is AAPL Poised for Upside Continuation?


Increasingly, my near-term pattern and momentum work indicate that all of the action off of the March 19 high at 129.25 into last Friday’s low at 125.88 is a completed minor correction, within a still incomplete upleg off of the March 12 low at 121.63.

If accurate, that means that Apple Inc. (AAPL) should the nearing upside acceleration that hurdles 129.25 towards a retest of its all-time high at 133.66 (to 135.00) in the upcoming hours.

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