Apple's Market Surge: Record Highs Amidst Uncertain Future

Apple shares reached a new all-time high, marking their 21st record close of the year, and are projected to continue their uptrend following a breakout from a five-month ascending triangle. Analysts suggest a potential price target of $278, with key support levels at $237, $218, and $197. The stock's momentum is supported by positive sentiment around Apple's product launches and integration with OpenAI's ChatGPT, although overbought conditions may lead to short-term profit-taking.