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Technical Update – Apple Above 50 DMA (AAPL)

In early trading Thursday, shares of Apple (NASDAQ: AAPL) have moved above their 50 day moving average.

The 50 day currently sits at $431.50. Apple is currently trading at $433.59. The stock will meet resistance at $435 and $441 as it attempts to challenge it’s late-May high of $451.08.

[stock-tools exchange="NASDAQ" symbol="AAPL" image_height="230" image_width="350"]

Disclosure: At the time of this writing, the author had no position in the company mentioned.

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