novvoll12

AAPL $130.80: Posts a new all-time high at 134.54 before ranging

Long
NASDAQ:AAPL   Apple Inc
AAPL broke through the 133.60 prior high (February 24, 2015) to complete a 2-month base over 121.63 (March 12, 2015 low) and reach a new all-time high at 134.54 Tuesday (April 28, 2015) before easing. The immediate support lies at 128.57 (April 13, 2015 range high). Below exposes the 126.32 support level (April 22, 2015 low) which should hold dips. 132.61 (April 28, 2015 intraday level) is the immediate ceiling ahead of the 133.60/134.54 key resistance zone. Clearance above the latter would extend the broad uptrend higher towards 150.00.

Outlook:
Short term: buy on pullbacks
Long term: bullish

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