CNBCのインスタグラム(cnbc) - 8月23日 20時49分


It's been a record-making month for Apple. It crossed a $1 trillion market cap at the beginning of August, a Wall Street first, and has notched 8 separate all-time highs since then. Its rally also has put it on track for its best one-month gain since July 2013.
But the charts suggest Apple could be setting up for a pullback, according to Matt Maley, equity strategist at Miller Tabak. "It is getting a little bit stretched," Maley told CNBC. "I wouldn't be surprised if we saw it take a little bit of a breather here, which would actually be healthy." Apple's relative strength index, pictured above, is close to year-to-date highs at just more than 70. Any reading above 70 indicates a stock is overbought. The stock began the year at less than 40, closer to the 30 threshold indicating oversold conditions.
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