Apple stock targets breakout, nears all-time record high

Apple stock is up nearly 3% in Thursday trading, putting it 2% shy of a breakout, as shares eye a new all-time high.

Matthew Galgani for Investor’s Business Daily:
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Apple continues to target a breakout from an early-stage consolidation. The buy point is 237.23.

While forming that chart pattern, the relative strength line for Apple stock has moved mostly si…