Apple (AAPL) Outlook For November 13, 2014

AAPL closed at a new record high. The shorter-term uptrend remains intact as long as price stays above $109. Price broke out above the 108-110 consolidation range of the last week setting $112 the next realistic target on the upside.

AAPL, daily chart (3 months):

aapl

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

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