Apple Nears Major Resistance In $119 Handle

Apple Inc. AAPL shares are trading higher by $3.80 at $119 in Friday's session. Since November 19, the issue has made seven highs in the $119 handle ranging from its November 30 high ($119.41) to the high of the recent move on November 20 ($119.92). The issue has not closed above $120 since November 9 when it ended the session at $120.57.