AppleOption.com has plotted a bullish channel of Apple (AAPL) and extrapolated to the January 2010 option expiration.
Below is a logarithmic scale. It’s a graph where every move on the vertical axis is equally proportionate (for example a 100% gain from $10 to $20, appears the same as a 100% gain from $150 to $300).

The 7-year chart is from 2003 thru 2010. There are three lines on this chart, one represents the support level channel ($380), the resistance level channel ($1,200) and the median channel ($700). The beginning of 2003 marked the start of this impressive bullish channel of Apple stock. It will not continue indefinitely, but we extrapolated the channel to the January 2010 options expiration. The goal is to help clarify price targets and goals with LEAPS.
The chart also includes a 200-day Moving Average trend line. The 200-MA was last at $154. Notice over the last 5 years Apple has only provided investors buying opportunities under the 200-MA level. These entry points or even those suggested by the 40-MA may turn into excellent risk/reward points of entry on LEAPS. Technical analysis trading my help reduce the ‘fear’ of trading and buying at all time highs.
For more information please read the entire review posted yesterday at AppleOption.com