From a technical basis, $AAPL broke out of a multi-month coil to the upside on both news and short covering and the stock hasn't stopped since. If the stock can get above and hold 650, a run at the all-time highs will follow. If the price action fails at 650, the stock could consolidate in the low 600's or 'trade side-ways'. The stock will split 7-1 on June 2nd. Will this add to the recent run or provide investors the cover to 'take profits'? We shall see.
This is not financial advice. Ask your financial adviser about this or any other investment.
This is not financial advice. Ask your financial adviser about this or any other investment.
