Apple stock enters September firmly inside its uptrend, closing at $316.85 on August 31. The daily chart shows a market respecting its bullish trend. This comes even as Tim Cook hands the CEO role to John Ternus — one of the most significant leadership transitions in over a decade.

Key takeaways

• Apple stock closed at $316.85 on August 31, holding above all key daily moving averages.
• Daily RSI14 at 54.08 signals positive but unstretched momentum, leaving room for further upside.
• Shares trade near 33 times forward earnings after a 40% rally, meaning much good news is already priced in.
• Tim Cook has handed the CEO role to John Ternus, marking one of Apple’s most…