Apple stock broke out Tuesday above a 176.75 double-bottom buy point. But after an 11-day win streak, it wasn't a surprise to see the iPhone giant pull back, retreating modestly in the last three sessions. For the week, AAPL stock edged down 0.2% to 174.31. It's now working on a handle on a daily chart, but that needs at least two more days to be proper. On a weekly chart, Apple stock technically has a small handle with a 179.71 buy point. But investors likely should wait for at least a daily handle to form, perhaps with a little more depth.
The relative strength line for Apple stock is right at record highs.$Apple(AAPL)$
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