All time highs. We are looking at the same support/resistance but trading different time frames. I do want to fade the pop with a covered call but may wait a bit. $675 is very possible within 6 mos. I don't believe the aapl growth story is over. New markets, new products ...etc. Google/Samsung price advantage doesn't concern me because of the voracious appetite in China for "Branded" goods and unless they come out with knockoff aapl products. Do I think aapl is better tech ? No, I am not even a fan of the products. Disclosure: I am only trading mini lots. In case stock brokers are scrambling for my phone number.
My mistake then. I am not looking that far back in the chart history...nor will I. Why vague? The $675 area has clear relevanance from a look of the stockcharts weekly chart. Since that peak, arguments have streamed in about lack of competitive products and market opportunities. don't want to beat a dead horse about that. But those theories are starting to prove wrong. I gave a price point and a time frame. Anybody can insert their stop loss/trade size within those parameters.
Relevanance? Alright. So the touch probability at current vola is 38/100 out six months. So you would take that bet? A $38 wager (pays $100) that we touch $675 by June 21, 2014?
$96.4286 is the split-adjusted $675... and we're at $92.20; the equivalent of $30 away from the barrier. So you're losing with six trading days to go.