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Apple (AAPL) stock rallied 4% off the $419 low on Thursday one day after everyone turned bearish again. Apple (AAPL) likely put in a higher low this morning and completed the end of a reverse head and shoulders pattern. If the stock closes back above $441, I expect the stock to retest the recent highs. Everyone thought AAPL stock would fall to $350 after earnings but instead it hit the $460's which made the bears even more mad. Apple (AAPL) is a strong buy below $400 and I will be buying more if we see the stock fall that low.
I believe Apple (AAPL) will hit $500 before $300
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