TRADE IDEA #7 - AAPL - Fakeout than Earnings Pattern?

Update #2 - Closed out at $132. Net gain of 9%. Will buy again at new ath or at around 125.
Update #1 - The long at $120 worked out nicely like anticipated. Move stop to break-even at this point.

Looks like AAPL is ready for a big move upwards.

Reasons:

• iPhone sales still high and expanding internationally.
  
• Apples new streaming music service Apple Music has the potential to change the industry. Think Netflix for music.
  
• Purely technical it looks good with the flag. I also noticed this fake-out to pump pattern before earning releases than more mewn on dividends.
  

As always watch the enitre market and good luck.