The last time Apple did this, it rallied 130% $AAPL (via TradingNation)
But a propitious development in its charts could signal a massive rally, says"It's seeing a golden cross.
That's when a rising 50-day moving average breaks above a rising 200-day moving average, and I'm usually not a big fan of that indicator but it's been a very compelling one for Apple," Maley said Monday on CNBC's "The last three times the stock experienced a golden cross – in 2009, 2013 and 2016 – it rallied around 540%, 110%, and 130%, respectively, through to its peak years after.
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