One stealth technical indicator could be key to next move in Apple rally $AAPL (via TradingNation)
Baruch isn't alone. On Friday,both upped their price targets. Both have a $330 target on the stock, implying 11% upside from current levels.
"Look at the ADX which shows how strongly a chart is trending -- whether directionally up or down. It peaked last year in September. We've had a lower peak since then. It actually just broke out of a trend line on the ADX and I think there's room to extend. That's going to pave a path of least resistance higher," said Baruch.
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