Share
of Apple Inc. (AAPL) Apple breaks out above its 10-day moving average, levels to watch.The shares are trading up just over 1%, a relatively.The shares are trading up just over 1%, a relatively small move for the stock. What is significant is the move above the 10-day moving average, last at $452.69. This marks the first move above that downtrend resistance line proxy since the big gap down after earnings. There has been a slight move into that gap. Next resistance is at $467.66. Support is at the 10-day. The potential bearish pennant pattern we mentioned previously is now void. There is however a new nascent pattern shaping up on the weekly chart, which is a potential bearish flag.1.
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