Apple (AAPL) Outlook For November 7, 2014

AAPL’s daily trend remains positive as long as price is above $107. The stock has been consolidating at record high levels for 4 days in a row now, which is a very healthy market behavior after the recent price pop-up from $95 since mid-October. Given the general market bullishness, AAPL has very good chances to move higher soon.

AAPL, daily chart (3 months):

aapl

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

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