AAPL - still in a baby bull flag

Whilst the broader Nasdaq tech index clawed almost another percent higher, Apple (AAPL) was a major laggard, slipping 2.4% @ $443. Yet, AAPL is probably just in what is now a six day bull flag. A daily close in the mid 460s will confirm the flag, next big target remains $500


AAPL, daily

Summary

Suffice to say, I'm guessing its a bull flag. Perhaps another few days of very slight downside, but then up across the second half of May.

If that is the case, when AAPL breaks upward, it'll give an extra boost to other tech stocks in late May..and into June.

AAPL remains one to watch!