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Apple's Good Earnings May Propel Its Stock To New Highs

Since the stock is in an uptrend, AAPL may continue to climb higher. I think the pre market data may suggest that AAPL may gap up to make new highs.

The chart above shows us that AAPL is above its rising 20 MA, 50 MA and 200 MA.

This tells us that the stock is bullish in the short term, mid term and long term.

One can still be bullish on AAPL as long as it stays above the rising daily 20 MA.

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