From: Moonray | 7/16/2020 8:30:22 PM | | | | Apple target raised on 5G and Services potential By: Brandy Betz - Jul. 16, 2020 8:56 AM ET Joining the chorus of firms praising Apple's (NASDAQ: AAPL) 5G iPhone tailwind, Canaccord Genuity raises the company's price target from $310 to $444.
The firm says Apple's positioning to "benefit from the long-term 5G investment cycle" will support results in 2021.
Growth in Apple's installed base will also drive ecosystem services and hardware sales benefits, writes the firm.
Canaccord expects Services revenue to outpace Apple's total growth.
Canaccord maintains a Buy rating on Apple. o~~~ O |
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From: Henry J Costanzo | 7/17/2020 9:32:58 PM | | | | TA Update:
Yet another record high hit on Monday... at 399.92 !!!... maintaining its recent role as a key market leader, while continuing to hold unbroken and and intact longtime uptrend support areas such as the 8 and 21 day MAs.
Now appears all set to complete another bullish pennant pattern which would activate a measured move towards roughly 405ish.
Major uptrend support area for the coming week would kick in at 380-400ish....
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From: Moonray | 7/20/2020 4:50:57 PM | | | | AAPL closed at $393.43, up $8.12 (2.11%). New Monday high today? New 52-week high today? New All Time High today?
 But it WAS the highest close AAPL has ever had!
 o~~~ O |
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