AAPL reached my $108 range breakout target in the last session of the week. The daily trend is up as long as price ramains above $105. The stock is quite overextended in the short term and may need to end this parabolic wave up and rest a bit in the next few days before advancing further.
AAPL, daily chart (3 months):
Chart courtesy of StockCharts.com. http://stockcharts.com
Please read the Disclaimer!
RECEIVE MY TRADING REPORT FREE OF CHARGE FOR 2 WEEKS BY SENDING ME AN E-MAIL AT: THETRADINGSTRATEGIST@YAHOO.COM !!!