I think this is the stroke AAPL and NASDAQ both needed. Can't wait til long dumb institution money gets to work Weds. The feast begins. By the way, that was a perfect retrace, filling the gap, on the aapl chart. i really thought support would have been higher for the latest leg up. I guess there is something to technicals (in hindsight).
The real news in this case being earnings? if you sold on earnings the last 2 times in apple, this doesn't hold true. If we hit 100-110+ before earnings, I'm taking some profits just in case.
Here is a daily chart which shows the gap fill back in October with fib lines. Next is a short term chart. I expect a pullback to $80.00 then liftoff. Holding comfortably from $60.00 and unless they take Jobs out in handcuffs (I doubt he is that dumb), then there is some real upside here. Happy new year!!