The early morning gap was easily contained by the (rapidly) rising five-day moving average. Internals are strong as supported by healthy leadership. Price has subsequently catapulted to R2 + round number resistance at $141, where it is pausing.
AAPL told us this morning that its investors can do a better job finding returns on its cash than it can… But perhaps its just another right of passage for such a large and successful firm since it signals confidence in the stability of their returns.
