Apple (AAPL) holding strong over the last six weeks. The stock hit a new high in late August and then formed a triangle consolidation. Note that volatility is contracting as the Bollinger Bands narrow.
A break above 102.5 would be bullish and a break below 97.5 would be bearish here.
The indicator window shows the price relative moving to a new high this week as Apple continues to outperform SPY. Apple is one of the last big techs standing and a break down in this stock would be very negative for the market.
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