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Zenger
Zenger
Business
Melanie Schaffer

Apple Stock Looks Headed For All-Time Highs, But This Indicator Suggests The Local Top Is Near

Apple AAPL Nasdaq
Apple website displayed on a laptop screen and Apple logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on June 5, 2023. JAKUB PORZYCKI/BENZINGA

Apple, Inc (NASDAQ: AAPL) has not yet broken up from the rising channel pattern in which it’s been trading, but the tech stock in has almost reached its previous all-time high of $182.94, printed on Jan 4, 2022. Zenger News called this out as a likely scenario on May 29.

A laptop with Apple website displayed on a screen and Apple logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on June 5, 2023. JAKUB PORZYCKI/BENZINGA
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