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Apple (AAPL) stock soared near the 50 day moving average on Monday after several positive developments last week. Apple (AAPL) is now breaking out above $455 on heavy volume which is very bullish. Apple (AAPL) will have have resistance at $463.
Apple (AAPL) has strong support between $405-$420 as well as the $390's. With a dividend increase imminent, I don't see much downside for the stock from here. Continue to buy the big dips, sell into rallies.
Also see - Top Stocks 2013 - Top Stock Gainers 2013
