Last September, I provided a $152 price target for Apple right here on See It Market. Since that time, Apple’s stock price (NASDAQ:AAPL) has increased by over $30 per share.
And it is now nearing my upside price target ($152).
Below is an updated Apple chart with my AAPL stock price target and key levels. The bullet points below help to walk you through the chart analysis.
- Key price support levels that held = 94.58 & 85.37.
- The 1st support level was tested several times and held; the 2nd support level was never tested.
- After an initial move higher, price pulled back to an open gap at 103.91 and took off.
- Price is now consolidating and I still expect my $152.02 AAPL price target to be hit.
Apple Stock Chart (AAPL) – Weekly Bars