Wednesday, November 5, 2014

APPLE: Reached Our $108 Target and Eyes New Upside Price Objectives

Our YouTube video illustrates Apple's (AAPL) move through our $108 price objective this week. Our video from 27 October identified the $108 upside target and our video from 30 September discussed Apple's upside price potential.  Our recent blog post from 27 October also identified this.

Looking at the Daily chart below, we can see the $108 upside price objective. After Apple reached our previous upside price objective of $103.74 on 22 October, we identified the $108 handle.


Looking at the Weekly chart below, we see the $111 and $119 levels as new upside price objectives.




Looking at the Monthly chart below, we can see the $116 and $120 levels as additional upside price objectives.





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