It is not coincidence that recently reached peak for Apple
have been limited by the long term channel resistance line. This resistance is strong and moderate pullback is likely (part of which we’ve already seen). Despite overall bullishness around AAPL
case should not be ignored as 40+ percent gain year to date is bull
concern. In that case $500-550 area, the trendline support level
, is reachable. However if growth prospects stay intact the bull
target of $750 should be on track.