Apple (AAPL) technical analysis Jan 12, 2015

AAPL shares’ closed on a 7-day high last Friday confirming that the daily trend is up. There is serious resistance looming in the whole price region between 112.50 and 115. A close above 115 will open the way to the all time highs @ 120, while a close below 110 will set the bullish momentum in danger.

AAPL, daily chart (3 months):

aapl

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

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