Is Apple's Stock About To Rally?

If shares of Apple Inc. AAPL reach the $120 level, they may rebound.

This level was support during the second half of March. Levels that had previously been support can become so again, and that could happen here.

If the shares hold, there’s a chance they stage some type of rebound.

Apple's stock closed at $123.54. The stock has a 52-week high of $145.09 and a 52-week low of $80.20 per share. The company sports a market cap north of $2 trillion.

See Also: Apple's Worldwide Developers Conference Is Almost Here: What You Need To Know