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Apple (AAPL) stock is trading around $490 after Jefferies upgraded shares with a $600 price target today. Apple (AAPL) should also do well as long as Carl Icahn is pumping the stock. In my eyes, Apple (AAPL) is no longer a strong buy until the $430's. After earnings in a few weeks, there isn't a catalyst until mid 2014 so you might see people sell the stock and move on to FB, YELP, or TWTR. However, a close above $507 will be bullish.
Apple (AAPL) levels to watch in October 2013 - Click Here
Also see - Top Stocks 2014 - Top Stock Gainers 2013
