AAPL remained almost unchanged on Friday, consolidating around all time highs, a bit below $120. The short-term (daily) uptrend remains intact as long as price stays above $116,50. My estimate is that AAPL will have a very strong performance in the month of December, as an extension and maybe exhaustion of its 20% parabolic move of the last couple of weeks.
AAPL, daily chart (4 months):
Chart courtesy of StockCharts.com. http://stockcharts.com
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