AAPL’s canny sponsors pushed the stock out of an accumulation zone Friday, presumably to levitate this behemoth to the 182.95 target shown. However, getting past the 176.98 midpoint pivot is not going to be a piece of cake, since it’s the last significant line of resistance between current levels and open water. There is an alternative pivot at 177.60 (where D=184.18) in case the lower number is easily surpassed, but you should watch for signs of resistance, or perhaps even a tradeable pullback, from either number.
