Apple levels up 1.87% in yesterday's session; traders eye opening bell in 10 hours time

Yesterday at a glance: Apple rose $2.85 to close at $155.85 yesterday which makes for a move of 1.87%.

Trend analysis indicates that investors are seeking long positions as Apple price action surged above +100 — a key CCI threshold indicating an imminent bullish trend. Asset volatility analysis shows that Bollinger Band® analysis indicates that current price action is approaching the upper band at $156.52, thereby suggesting that Apple is becoming overvalued.

All in all, the technical analysis suggests Apple has no clear-cut direction.

This rally in Apple's share price coincided with other technology stocks as Microsoft was up 4.05%. Intel gained 6.23%, as it traded at $30.18. Adobe was up 5.9%.

2 months ago, the sleek smartphone manufacturer fell to a low of $125 but has since recovered 22.37%.