Apple Inc. (AAPL) is enjoying higher highs and higher lows with a nice gap up after a wonderful earnings report last week.
As you can see in the chart above, the MACD had diverged from the share price, moving lower… but has now reversed upward, as well. Things are looking bullish, as long as we hold above $170.
As I mentioned last Monday, upcoming resistance points that we could see would be initially around $176/$177, the next is around $180, then we may be looking at all-time highs around $183/$184 – amazing when you look at where we started this year.
We’d notified members of a low-risk buying opportunity back then at around $124, and now we’re up to around $173 and change! To learn more about my Perfect Apple Trades service, check out my latest presentation right here.
We’ll talk again next Monday.
Enjoy your week!
Micah
