After gaining 44% over the past year, Apple stock is now trading at $297.84 and sitting near its 52-week high of $303.20. The question most investors are wrestling with right now is straightforward: is there still money to be made here, or did you miss the trade?

I have been watching this stock carefully, and the honest answer is more nuanced than a simple yes or no.

Where Apple Stands Right Now

Apple’s market cap is $4.37 trillion. That alone tells you this is not a speculative bet. The stock is trading above both its 50-day moving average at $267 and its 200-day moving average at $259.58. When price holds above both these levels, the trend is intact. That is not my opinion. That is just how moving averages work.

The RSI right now is…