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$AAPL Reaches Inflection Point Ahead of 52-Week High

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AAPL
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$AAPL is nearing its 52-week high after a period of consolidation. According to analysts, the stock's current level marks an inflection point that could determine whether it continues to rise or exhausts its potential.

The stock has gained 41% from its lows and its 50-day moving average is up by nearly 12%. If Apple (AAPL) holds at this level, analysts predict a return toward $320. However, if the stock breaks above $340, it could indicate sustained upside.

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