Apple (AAPL) Outlook For November 5, 2014

AAPL’s daily trend remains positive as long as price is above $106,50. The stock is very “overbought” in the short term and it may consolidate for a few days before advancing further. It is remarkable that the stock was hitting a new all-time high almost each day of the last three weeks.

AAPL, daily chart (3 months):

aapl

Chart courtesy of StockCharts.com. http://stockcharts.com

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