Apple Inc. shares are trading higher Friday after the company announced better-than-expected fiscal first-quarter financial results. Apple reported quarterly earnings of $2.10 per share, beating the $1.88 estimate. The company reported quarterly revenue of $123.9 billion, beating the estimate of $118.28 billion. Apple was up 5.75 percent at $168.38 midday Friday. Apple Daily Chart Analysis Shares have broken out of what traders call an ascending triangle pattern and saw a jump higher. More recently, shares fell back toward the $155 level and are holding this area as support, looking to see a bounce. The stock trades below the 50-day moving average (green) but above the 200-day moving average (blue). This indicates the stock is in a period of consolidation. The 50-day moving average may hold as an area of resistance, while the 200-day moving average may hold as an area of support. The Relative Strength Index (RSI) saw a jump higher Friday …