Apple Stock Is Finally Ripe for the Picking | InvestorPlace

Apple Stock Is Finally Ripe for the Picking | InvestorPlace

Strength -- yes, strength -- has finally returned to AAPL     Apple ( AAPL ) stock has been blazing its own path for weeks now. Previous to Monday that was a bad thing — while the rest of the Nasdaq was hanging near all-time highs, AAPL was falling day after day. The relative weakness beast had sunk its vicious teeth into Apple and just wouldn't let go. Until yesterday. It appears Apple stock's New Year's resolution was not to suck for a spell. And despite a hellish open, AAPL was able to claw its way back into positive territory by day's end, making it one of the only green stocks in a sea of red. Based on yesterday's price action, it certainly seems a tradable low could be in place for Apple stock price. For starters it ended with an insanely bullish candlestick, one of the best. After falling for a nanosecond at the open, AAPL ripped higher all day long. The only thing that stopped its ascent was the closing bell. That's about as bullish as price action gets.

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