AAPL - underlying strength

Whilst the main market saw some moderate weakness, there was notable strength in Apple (AAPL), which broke a new historic high, settling +2.3% @ $124.86. Near term outlook is bullish, but AAPL could be briefly held back by main market weakness.


AAPL, daily

Summary

Little to add from previous posts.

AAPL remains grossly mis-priced, and should be roughly double what it currently trades at.

Broader trend remains very powerful.... and in some ways.. all that is missing is for AAPL to be added to the Dow later this year.
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