AAPL continues to move higher after a minor pullback through the 554/555 level. The price gapped up on the open due to some analyst upgrade, that voided the opportunity for AAPL longs to add or to initiate a position. There appears to be a confluence near the 576-579. Although the near term target is the pivot high near 594, this confluence level could pose some resistance, and maybe at that level AAPL could setup an opportunity for the sideline longs. In the meantime, for those that are long on AAPL, be sure to protect your gains.
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Disclosure: Long AAPL Call option.
