Apple 5 Year Daily Technical Chart

Technical Indicators Look Great For A Continued Run Up. 50 Day vs. 200 Day Death Cross in Aug-2015 Finally Turned to Golden Cross Early Sept-2016 (see stars). Post iPhone 7 Launch And FY Q2 2017 Results, Price Is In A Break-Out Above $128, After A 2 Year Consolidation Period. Since The Jul-2016 Bounce Off The Oct-2012 Peak Price At iPhone 5 Launch. Price Has Rocketed, Then Spurred/Stalled/Spurred As Of Late, Awaiting Run Up To 10-Year Anniversary iPhone Super Cycle. 2017 Potential Bright Spots; Trump Rally, iPhone 7 Strength, 10-Year Anniversary iPhone, Services, AI/AR, And Weakening Dollar (DXY -10% Year-to-Date). Weak-Spot; High-End Smartphone S-Cycle Probably Peaked, Chinese Low Cost OEMs. Fundamental Story Is Positive. One-Year Consensus Analysts Estimate Has Climbed To $171, from $159 Jul-14-17: