APPLE: 1 week into ApplePay, AAPL Has $108 Handle in Sight

Our YouTube video illustrates Apple's move to an all-time High and identify some key upside price objectives.

Looking at the Daily chart below, the markets are looking to see if AAPL can establish a base above the previous High of 103.74. We can also see the $108 handle as an upside price objective related to an extension retracement.

The 95.90 level has been supportive in September and October as we can see on this Weekly chart below.

January 2014's move lower to 70.51 became a key extension retracement anchor and opened up the 119.54 level as a very aggressive upside price objective. We can see the October intramonth Low of 95.18 is just above the 38.2% retracement of that notional extension range in the Monthly chart below.

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