Share split is one of the most generous gift Apple can offer its shareholders. I have been waiting for them to declare a share split for 2 years. Finally it came.
With the announcement of its earnings and share split yesterday, the stock jumps $44. Wallstreet likes the results and the splitting news.
Of course, my short term entry would be a breakout off $570 or a retracement to support at $550.
If it breaks off $570, my next aim would be $595-$600. I believe eventually, it will end above $600 by the quarter end.
Be prepared to play this stock for the next one month till its split date on 9th June 2014!