Will $100 Now Be Major Support In Apple?

Apple Inc. AAPL shares are trading higher by $1.37 at $102.87 in Friday's session. The issue is having one of its best weeks in months after breaking out a month-long trading range following its Q4 report.

It has added $6 or 6 percent to $102.91. It has surpassed its January 6 high ($102.37) and if the rally continues next week, there may not be any major resistance until its yearly-high made on January 5 at $105.85.