New day, new all time price high for AAPL yesterday. The daily trend is up as long as price trades higher than $103. The recent breakout from the 98-103 range of the last 2 months has opened the door to $108, so we may see some profit-taking around current levels. The stock is a bit overextended in the short term and may need to rest a bit before advancing further.
AAPL, daily chart (3 months):
Chart courtesy of StockCharts.com. http://stockcharts.com
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