Apple Q1 earnings were strong and now the stock looks to aim for its all-time-highs.

Apple shares accelerated higher last week after a strong Q1 earnings. Apple saw iPhone revenue top $51.3bn with an estimate of $48.9bn. As a result of this, Apple's adjusted EPS was $1.52 per share vs $1.43. MAC sales & other services faltered though, but it didn't stop a strong 5.5% rally on Friday. This as a result pushes all indices higher and there is reason for this to continue into this week as well as the economic and earnings calendar becomes lighter but there are some important events too.

Looking at the Apple chart, the stock is clearly in an uptrend with MACD strongly positive and RSI reading 67.5 on the weekly timeframe which could indicate further upside in the short term. Tough resistance sits at $183.45 which is the January 2022 all-time-highs. A break above here could take Apple looking for $200 this year. If Apple fails to break out there is plenty of support below, namely at $163.75 weekly lows, followed by the 50SMA at $159.76 and then 100SMA at $150.

(Apple chart on the daily timeframe with further support below)