AAPL - new products & services

Whilst the main market saw another day of minor chop, there was significant strength (at least initially) in Apple (APPL) +3% in the $103s, but settling -0.5% @ $97.90. Near term outlook is bullish, with viable upside to $105/07 in the immediate term.


AAPL, daily

Summary

With yet another iPhone issued, along with a watch, and some 'apple pay' service, the market was more than pleased with today's announcement.

Even though AAPL closed a little lower, the huge drop that some equity bears were seeking simply didn't occur.

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If the main market does not unravel into year end, then AAPL looks set for the $120s.