Apple: Another Run at Key Resistance

Apple shortly dipped back below the $230.20 mark but has since begun another push higher. We expect the stock to soon break through the $230.20 level sustainably and – as part of the green wave [3] – move up toward the next major resistance at $260.10. The following wave [4] pullback should remain above $230.20, allowing the broader green upward trend to continue gaining momentum.