Starting july 2011 there was a 3 month trading range between 360 and 420, then a gap up, then a parabolic move up for 3 months. We were trading in a similar range for the last 3 months between 390-515, then gapped up today on heavy volume
. Is it possible this is the beginning of another parabolic move up? We need volume
the next few weeks to confirm. Watch sentiment on apple
reverse from overly bearish
to all bullish
the next few weeks. If we go parabolic the target is 640 by end of December.