AAPL chomped through a very long-term target at 168.46 on Tuesday, implying that the stock’s spectacular rise is likely to continue, if not necessarily quite as steeply. This would hold bullish implications for the U.S. stock market, since AAPL by capitalization is the largest company in the world.   So far, buyers have overshot the target by just $1.19. However, considering the beauty and precision of the pattern that produced it, this Hidden Pivot should have stopped bulls in their tracks. Instead, they seem not to have noticed it.  Yes, it’s possible AAPL will go no higher than today’s record 169.65, and we should therefore be alert to the possibility of a sharp drop from these levels. But my bias remains bullish for now, acknowledging potential on the monthly chart to 181.11 most immediately, or even to 211.65 longer-term. ______ UPDATE (Nov 12, 6:06 p.m.):  AAPL spent the week in a stall that must have disconcerted bulls, given the height at which the stock has been doing its aerobatics. Its behavior would turn mild menacing for a rare change if the stock should fall beneath 171.72 by mid-week.