Apple could soon surpass a major milestone, according to TradingAnalysis.com founder Todd Gordon.
Looking at a chart of the tech giant, Gordon points out what he describes as a “very strong” uptrend going back to the summer of 2016. Drawing a parallel channel line leads the technician to conclude that Apple could rally to meet the top line or the parallel channel, which sits at around $200.
That’s a nearly 14 percent rise from current levels and would put the company market cap north of $1 trillion.
