AAPL has displayed some bullish price action and could be setting up to reverse to an uptrend. The near term key resistance level for AAPL is 445. If it can break above the 445 level, then look for it to possibly move up to 465/470 level. An inverted head & shoulder price pattern will be formed if AAPL move above the 470 level, and the projected measure move price target from this price pattern is near the 555.
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Disclosure: Long AAPL
